assess the value of the investment, and must estimate its cost of capital. You find the following data for a IDX Tech is looking to expand its investment in advanced security systems. The project will be financed with equity. You are trying publicly-traded firm in the same line of business: B. By making some realistic assumptions, estimate the project's beta. The estimated project's beta is. (Round to two decimal places.) X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Debt outstanding (book value, AA-rated) Number of shares of common stock Stock price per share Book value of equity per share Beta of equity $394 million 85 million $16.71 $6.08 1.23 Print Done