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Louise owns a portfolio that consists of 3 stocks: A, B, and C. Stock A, which has a beta of 1.96, makes up 20 percent

Louise owns a portfolio that consists of 3 stocks: A, B, and C. Stock A, which has a beta of 1.96, makes up 20 percent of her portfolio. Stock B, which has a beta of 1.09, makes up 40 percent of her portfolio. Stock C has a beta of 0.38. What is the beta of Louises portfolio? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00).

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