An investor has put money in four stocks in the dollar amounts indicated and with betas specified. What is the portfolio beta? Stock A $3,965 with a beta of 1.28; stock B $6,430 with a beta of 1.06; stock C $4,802 with a beta of 0.99; and stock D $7,072 with a beta of 1.24. Show your answer rounded to two decimal points.