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Company XYZ has an equity beta of 1.60. If the its total debt and market capitalization is 89,837 million dollars and 118,518.907 million dollars respectively,

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Company XYZ has an equity beta of 1.60. If the its total debt and market capitalization is 89,837 million dollars and 118,518.907 million dollars respectively, what will be the unlevered beta assuming a tax rate of 9 %. (write this number as a decimal and not as a percentage, e.g. 0.11 not 11%. Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234)

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