The following are estimates for two stocks.

Stock	Expected Return	Beta	firm-specific Standard Deviation
A	0.13	0.85	0.33
B	0.21	1.33	0.37

The market index has a standard deviation of 0.23 and the risk-free rate is 0.03.

Suppose that we were to construct a portfolio with proportions:

Stock A 0.32

Stock B 0.42

The remaining proportion is invested in T-bills.

Compute the beta of the portfolio.

Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.