Cher owns a portfolio that has a value of 64,100 dollars and consists of 3 stocks. It has 18,900 dollars worth of stock A, which has a beta of 0.16; it has 1,400 shares of stock B, which has a share price of 7 dollars and a beta of 1.29; and it has some stock C, which has a beta of 1.46. What is the beta of Cher’s portfolio? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00).

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