Integral Industries, Inc. (III) has three subsidiaries, A, B, and C. You are negotiating to buy subsidiary C. Subsidiary A and B each contribute to 40% of III's market value and have betas of 0.9 and 1.4, respectively. The company as a whole has a beta of 1.2. What is the beta of subsidiary C? If you end up buying it, what would be C's opportunity cost of capital? The current risk-free rate is 3.0% and the market risk premium is 7.0%.