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Indell stock has a current market value of $180 million and a beta of 1.00 Indell currently has risk-free debt as well. The firm decides

Indell stock has a current market value of $180 million and a beta of 1.00 Indell currently has risk-free debt as well. The firm decides to change its capital structure by issuing $39.63 million in additional risk-free debt, and then using this $39.63 million plus another $17 million in cash to repurchase stock. With perfect capital markets, what will the beta of Indell stock be after this transaction

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