Chapters 5-9 Problems 5 50 points Seved Help Save & Exit Subm Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the company's beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances Market Value eflook Ask References Middleby's Firm 1Robot Beta Debt of Equity 0.98 50 $3,440 1.93 774 7,590 National Presto 0.18 893 1.13 11,963 1.83 4,540 27,170 14,540 Newell Brands Whirlpool a. Estimate an asset beta for Sinaloa Appliance. (Round intermediate calculations and final answer to 3-decimal places.) Asset beta Check my work Mc < Prev 5 of 7 Next > Graw 8:30 PM 6/28/2022