Suppose you want to construct a minimum variance portfolio with the following stocks Apple Inc. (AAPL), Amazon.com Inc.(

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Suppose you want to construct a minimum variance portfolio withthe following stocks Apple Inc. (AAPL), Amazon.com Inc.(AMZN),Alphabet Inc. (GOOG), and Facebook, Inc. (FB). The expected rate ofreturn of the portfolio you want to construct should be the averageof the expected rates of return of these stocks. The daily expectedrates of return, standard deviations, and covariances of thesestocks are raapl=0.008771662, ramzn=0.03385526, rfb =0.012982714,rgoog=0.015362285, saapl =0.075290371, samzn =0.086245607, sfb=0.06266357, sgoog =0.06167237, cov(aapl,amzn) =0.002156755,cov(aapl,fb) =0.001721943, cov(aapl, goog) =0.001618178,cov(amzn,fb) =0.002464478, cov(amzn, goog)=0.003620894, and cov(fb,goog) =0.002012736. Moreover, the amount you want to invest is$1,000,000, and the initial share prices of these stocks are:AAPL=141.04, AMZN = 1,500.28, FB =131.74, and GOOG =1,016.06.Assume the NASDAQ represents the Market portfolio, and these arethe daily covariances of each asset in your portfolio and themarket, cov(aapl,nas)=0.001912172, cov(amzn,nas) =0.002567476,cov(fb,nas) =0.001195455, cov(goog,nas)} =0.001695631, var(nas)=0.00159581. Compute your portfolio beta.