A company's stock is not publicly traded , so you want to estimate its beta based on the betas of two comparable companies . Company A's beta is 0.6 and its debt ratio is 10 % . Company B's beta is 1 and its debt ratio is 60 % . The tax rate is 35 % for all three companies . What is the company's equity beta based on the comparable companies if the company's debt ratio is 40 %