Over the past several weeks you have assembled a small stock portfolio via the purchase of small amounts of different company stocks. You know that the point of a portfolio is to reduce your overall exposure to systematic risk, but aren't sure exactly what the risk of your new portfolio is. You have purchased the following : $4,000 of Ford Stock, $8,000 of John Deer Stock, and $2,000 of Health Care of America (HCA) Stock. You have estimated the betas of these stocks to be the following: a 8 of 2.99 for Ford, a 8 of 1.62 for John Deere, and a B of 0.5 for HCA. What is the beta of your portfolio? (Round to 2 digits)