Mrs. Landis has a 2-stock portfolio with a total value of $540,000. $205,000 is invested in Stock A with a beta of 1.65 and the remainder is invested in Stock B with a beta of 0.85. What is her portfolio's beta? Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72.

Available answers: 1.10, 1.15, 1.05, 1.12, 0.91