A portfolio is invested 15% in Stock W, 35% in Stock X, 45% in Stock Y, and 5% in Stock Z. The betas for these 4 stocks are 0.75, 0.95, 1.2, and 1.3, respectively. What is the portfolio beta?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50.