BS&T Inc. is a private firm in the telecommunications sector. The firm has a target D/E of 0.5. The tax rate for all firms is 10%. Use the information in the table below to estimate the equity beta for BS&T.

The firms in the above table are peer firms in the telecommunications sector.

\begin{tabular}{llll} Name & \multicolumn{1}{c}{ Mkt Cap } & E & D/E \\ & (USD mn) & & \\ \hline ABC Corp & 100 & 1.25 & 0.36 \\ PQR Corp & 120 & 1.45 & 0.24 \\ MNO Corp & 60 & 1.00 & 0.52 \end{tabular}