Jim Angel holds a portfolio consisting of the following five stocks: $175,000 invested in Stock A with beta of 2.15, $85,000 invested in Stock B with beta of 0.70, $65,000 invested in Stock C with beta of 2.95, $75,000 invested in Stock D with beta of 1.70, and $50,000 invested in Stock E with a beta of 0.25. What is the portfolios beta? Note: 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.