Find the bottom-up beta of a private company with debt-to-equity ratio of 25% and tax rate of 40% using the information in the table below. Tax rate is 40% for all the firms in the table. Firm MV Black & Decker Fedders Maytag National Whirlpool Levered Beta Debt Equity 1.8 3,400 4,000 1.3 25 250 1.5 1500 2,250 0.85 350 600 1.1 1.560 4,000 Select one: a. Beta = 1.3265 b. Beta = 0.9894 c. Beta = 1.15 Give your reasons