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Abrams builds a portfolio by investing in two stocks only: Google ( GOOG ) and Motorola ( MSI ) . According to the CAPM, the

Abrams builds a portfolio by investing in two stocks only: Google (GOOG) and Motorola (MSI). According to the CAPM, the expected risk premium (i.e., the expected return minus the risk-free rate) of GOOG is 10.93% and the expected risk premium of MSI is 6.95%. The beta of GOOG is equal to 1.4. If Abrams puts 75% of his money in GOOG stock and 25% in MSI stock, what is the approximate beta of his portfolio?
\beta p=
Number
(Please round your answer with two decimals).

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