You own a stock portfolio invested 30 percent in Stock Q, 20 percent in Stock R, 30 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are 89 , 1.22,1.06, and 1.24 , respectlvely. What is the portfolio beta? (Do not round intermedlate calculations and round your answer to 2 declmal places, e.g., 32.16.)