16. Cartwright Communications is considering making a change to its capital structure to reduce its cost of capital and increase firm value. Right now, Cartwright has a capital structure that consists of 10% debt (wd) and 90% equity (ws), based on market values. Currently the company's beta (at 10% leverage) is 1 . and its tax rate is 25%. What would be Cartwright's new estimated levered beta if it were to change its capital structure to 50% debt and 50% equity? Hint: First calculate their unlevered beta and then lever w. (4 points)