Investor Corporation has a $175,000 stock portfolio. $60,000 is invested in a stock with a beta of 1.35 and the remainder is invested in a stock with a beta of 2.45. These are the only two investments in the portfolio. What is the portfolios beta? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.