Calculate the beta of a portfolio comprised of the following items: (a) Rigid Steel stock,

which has a beta of 2.0 and comprises 30 percent of your portfolio, (b) Vega Inc. stock, which

has a beta of 1.0 and comprises 30 percent of your portfolio, and (c) Polaris Electric stock, which

has a beta of 0.25 and comprises 40 percent of your portfolio." (Cornett, Adair, & Nofsinger,

2016). State whether this portfolio has less risk, equal risk, or more risk, compared to the overall market.