A stock has a beta of 1.14 and an expected return of 10.5 percent. A risk-free asset currently earns 2.4 percent (this is essentially the risk-free interest rate).A stock has a beta of 1.14 and an expected return of 10.5 percent. A risk-free asset currently earns 2.4 percent (this is essentially the risk-free interest rate). The market risk premium is 0.7105. Expected return on a portfolio that si equally invested in the two assets is 0.0645. The portfolio weight in the stock is 80.7%. If a portfolio of the two assets has an expected return of 8.4 percent, what is its beta? (4 decimal places; e.g. 0.1362)