BigCo is considering spinning off its GoitAlone adventure travel business. You have been hired to help the business unit think about post-spinoff plans. Using the market comparables provided below, estimate GoitAlone's beta. You may assume a 40% marginal tax rate. Debt Equity Beta GoEverywhere Travel Wingin-It Air Tours Climb-a-Tree Jungle Tours Underworld Spelunking Tours Mountain Fun Trips $5,000 K 6,000 10,000 6,000 7,500 30 $2,000 K 1.5 8,000 0.6 4,000 1.4 12,000 0.3 16,000 0.4