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Asher Investment Fund, a diversified investment entity, currently has a total capital of R 1 0 0 0 0 0 allocated across three distinct shares.

Asher Investment Fund, a diversified investment entity, currently has a total capital of R100000 allocated across three distinct shares. The returns on these shares vary, reflecting the different risk profiles and market positions of each investment. The fund's capital is distributed as follows:
Shares
Return
Invested
A
14,5%
R60000
B
9,2%
R25000
C
15,4%
R15000
The current risk-free rate stands at 5%, and market returns for the upcoming period have been estimated based on the following probability distribution:
Probability
Market return
0,25
10%
0,35
12%
0,30
13%
0,10
16%
What is the beta coefficient of the investment fund?
1.
0,85
2.
1,13
3.
1,15
4.
1,30

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