Spielberg builds a portfolio by investing in two stocks only: Microsoft (MSFT) and Motorola (MSI). According to the CAPM, the expected risk premium (1.e., the expected return minus the risk-free rate) of MSFT is 13.14% and the expected risk premium of MSI is 6.42%. The beta of MSFT is equal to 1.5. If Spielberg puts 73% of his money in MSFT stock and 27% in MSI stock, what is the approximate beta of his portfolio? Bp Number (Please round your answer with two decimals)