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Back Door Burglars has $250,000 invested in a 3-stock portfolio. $112,500 is invested in Stock X, $100,000 is invested in Stock Y, and the remainder

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Back Door Burglars has $250,000 invested in a 3-stock portfolio. $112,500 is invested in Stock X, $100,000 is invested in Stock Y, and the remainder in Stock Z. X's beta is 2.10, Y's beta is 1.22, and Z's beta is 0.75. What is the portfolio's beta? Do not round your intermediate calculations. Round the final answer to 2 decimal places

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