Indell stock has a current market value of $150 million and a beta of 0.70. Indell currently has risk-free debt as well. The firm decides to change its capital structure by issuing $30.33 million in additional risk-free debt, and then using this $30.33 million plus another $15 million in cash to repurchase stock. With perfect capital markets, what will the beta of Indell stock be after this transaction?