A tree diagram provides the following data regarding the dividend per share for a company under two scenarios:

• Favorable Scenario: Probability 60%, with dividends of $2.00 (80% probability) or $1.50 (20% probability).
• Unfavorable Scenario: Probability 40%, with dividends of $0.75 (30% probability) or $0.50 (70% probability). The expected dividend per share under the favorable scenario is closest to: