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A company's equity Beta is 1.08, its D/E ratio is 0.5, and its tax rate is 30%. Use the Hamada equation to find the unlevered

A company's equity Beta is 1.08, its D/E ratio is 0.5, and its tax rate is 30%. Use the Hamada equation to find the unlevered Beta.

Do NOT round intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 1.23456, enter 1.23).

Margin of error for correct responses: +/- .05.

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