Rick Kish has a $140,000 stock portfolio. $50,000 is invested in a stock with a beta of 1.25 and the remainder is invested in a stock with a beta of 2.65. These are the only two investments in his portfolio. What is his portfolios beta? Enter your answer rounded to two decimal places. For example, if your answer is 123.45% or 1.2345 then enter as 1.23 in the answer box.