FINA is considering starting a new division in the food industry. There are three pure plays in this industry. The tax rate of all firms is $20\%.$ The Beta, asset value, and D$/$E ratios of the three pure plays are given in the following table. The cost of debt is $5\%.$ The target D$/$E ratio of this new division is $\mathrm{.}6.$ What is the Beta of this new division? $($when calculating average Ru$,$ use asset$-$weighted average.$)$

Beta D$/$E Asset Value

A $1\mathrm{.}80\mathrm{.}5$ $$400$ M

B $1\mathrm{.}40\mathrm{.}4$ $$300$ M

C $1\mathrm{.}20\mathrm{.}25$ $$300$ M