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An investor has a three-stock portafolio with 25,000 invested in Apple, $50,000 invested in Ford, and $25,000 invested in Waalmart. Apple's beta is estimated to

An investor has a three-stock portafolio with 25,000 invested in Apple, $50,000 invested in Ford, and $25,000 invested in Waalmart. Apple's beta is estimated to be 1.20, Ford's beta is estimated to be 0.80, and Walmart's beta is estimated to be 1.0. What is the estimated beta of the investor's portafolio?

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