You are thinking of buying a stock priced at $90 per share. Assume that the risk-free rate is about 4.3% and the market risk premium is 6.1%. If you think the stock will rise to $123 per share by the end of the year, at which time it will pay a $1.86 dividend, what beta would it need to have for this expectation to be consistent with the CAPM? The beta is N. (Round to two decimal places.)