The table below shows the betas and portfolio weights for 3 stocks: Portfolio weights Stock Beta Portfolio 1 Portfolio 2 A 1.7 0.3 0.1 B 1.1 0.5 0.4 0.4 0.2 0.5 Calculate the beta of each portfolio. Part 1 Attempt 1/5 for 10 pts. What is the beta of portfolio 1? 2+ decimals Submit Part 2 Attempt 1/5 for 10 pts. What is the beta of portfolio 2? 2+ decimals Submit Part 3 - Attempt 1/5 for 10 pts. If you are more concerned about risk than return, which portfolio should you pick? Portfolio 1 Portfolio 2 Submit