Macbeth Spot Removers is entirely equity financed with values as shown below: Data Number of shares Price per share Market value of shares 2,900 29 $ 84,100 Although it expects to have an income of $3,400 a year in perpetuity, this income is not certain. This table shows the return to stockholders under different assumptions about operating income. We assume no taxes. Operating income (5) 2,400 Outcomes 2,900 3,400 3,900 Suppose that Macbeth Spot Removers issues only $8,990 of debt and uses the proceeds to repurchase 310 shares. The interest rate on the debt is 9% b. If the beta of Macbeth's assets is 0.75 and its debt is risk-free, what would be the beta of the equity after the debt issue? (Round your answers to 2 decimal places.) All-equity beta Debt beta D/E ratio Equity beta