. Consider the following information for three stocks, A, B, and C that can be put into portfolios with the following allocations. Portfolio AC has 80% of its funds invested in Stock A and 20% in Stock C. Portfolio BC has 20% of its funds invested in Stock Band 80% in Stock C. Portfolio ABC has one third of its funds invested in each of the three stocks. Stock Expected Return Standard Deviation Beta 1.0 A B 10% 10% 12% 20% 10% 12% 10 1.5 Calculate the Beta of Portfolio AC to the second decimal place