Currently, Bloom Flowers Inc. has a capital structure consisting of $20\%$ debt and $80\%$ equity. Bloom$$s debt currently has an $8\%$ yield to maturity. The risk$-$free rate $($rRF$)$ is $4\mathrm{.}9\%,$ and the market risk premium $($rM $$ rRF$)$ is $6\mathrm{.}7\%.$ Using the CAPM, Bloom estimates that its cost of equity is currently $15\mathrm{.}3\%.$ The company has a $40\%$ tax rate.

What is the current beta on Bloom$$s common stock?