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Assume your company is financed by equity and risky debt, where the debt-equity ratio of your company equals 0.98. Following your estimation, the expected return

Assume your company is financed by equity and risky debt, where the debt-equity ratio of your company equals 0.98. Following your estimation, the expected return on equity is 24.52 percent and the weighted average cost of capital is 19.79 percent. You also know that the risk-free rate is 3.70 percent and the market return is 10.30 percent. Without taking taxes into consideration what is the debt beta of your company?

Please insert the value as a real number with the decimals of 2 digits.

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