You have a $$140,000$ portfolio consisting of Intel, GE and Con Edison. You put $$40,000$ in Intel, $$50,000$ in GE and the rest in Con Edison. Intel, GE and Con Edison have betas of $1\mathrm{.}5,1\mathrm{.}2$ and $0\mathrm{.}8$ respectively. What is your portfolio beta? TIP: P$\backslash$beta $=\backslash$Sigma wi$\backslash$beta i