1.Roku recently went public and there is not sufficient data to estimate the beta of the firm. The CFO believes that the systematic risk of the firm is similar to Apple which has a beta of 1.43, a market cap of $801.75 billion, and the total debt of $ 87.2 billion.

Roku is trading at $21.82 per share and there are 15.67 billion shares outstanding. The film has approximately 122 million in debt.

Please estimate Roku's beta based on the information above.

2. Another question in the file