Adrien has a portfolio with three stocks. He owns 100 shares of stock A, which is currently priced at $44.00 per share, 155 shares of stock B, which currently sells for $56.00 per share, and 164 shares of stock C, which has a current price of $77.00 per share.
Adrien has computed the following betas for the individual stocks.
Stock A 1.25
Stock B 1.10
Stock C .85
What is Adrien’s portfolio beta? _________________