Spielberg builds a portfolio by investing in two stocks only: Google (GOOG) and Nokia (NOK). According to the CAPM, the expected risk premium (i.e., the expected return minus the risk-free rate) of GOOG is 11.92% and the expected risk premium of NOK is 6.6%. The beta of GOOG is equal to 1.26. If Spielberg puts 80% of his money in GOOG stock and 20% in NOK stock, what is the approximate beta of his portfolio?