Abrams builds a portfolio by investing in two stocks only: Samsung (SMSN) and Huawei (SHE). According to the CAPM, the expected risk premium (i.e., the expected return minus the risk-free rate) of SMSN is 8.62% and the expected risk premium of SHE is 6.17%. The beta of SMSN is equal to 1.45. If Abrams puts 66% of his money in SMSN stock and 34% in SHE stock, what is the approximate beta of his portfolio?