Currently, Hendrix Publishing's tax rate is $28\%,$ its beta is $1\mathrm{.}08,$ and it uses no debt. However, the CFO is considering moving to a capital structure with $49\%$ debt and the remainder equity. If the risk$-$free rate is $3\%$ and the market risk premium is $4\%,$ what would be the new levered beta $($rounded to two decimal places, e$.$g$.,1\mathrm{.}23)$ used to estimate the firm's cost of equity?