An investor has put money in four stocks in the dollar amounts indicated and with betas specified. What is the portfolio beta? Stock A $3,420 with a beta of 1.19; stock B $7,281 with a beta of 1.01; stock C $5,512 with a beta of 0.85; and stock D $6,227 with a beta of 1.14. Show your answer rounded to two decimal points.