Much has been changing in FLIR and they no longer believe their beta is representative of their firm. Instead, they've compiled information on similar firms and desire to get a better estimate of a relevant beta to use for project analysis. Although they believe their beta isn't good, they do believe their current debt structure is representative of their target weights. Information regarding FLIR and peer industry competitors is shown below. Equity Interest Market value Company beta Bearing Debt equity FLIR 1.75 $ 676 $ 6,779 Lockheed Martin Parrot 0.94 $ 1.35 $ 19,654 30,662 97,961.0 113,878.0 Estimate the beta that FLIR should use in its project analysis. Show EACH step to arrive at your solution. Bfirm Much has been changing in FLIR and they no longer believe their beta is representative of their firm. Instead, they've compiled information on similar firms and desire to get a better estimate of a relevant beta to use for project analysis. Although they believe their beta isn't good, they do believe their current debt structure is representative of their target weights. Information regarding FLIR and peer industry competitors is shown below. Equity Interest Market value Company beta Bearing Debt equity FLIR 1.75 $ 676 $ 6,779 Lockheed Martin Parrot 0.94 $ 1.35 $ 19,654 30,662 97,961.0 113,878.0 Estimate the beta that FLIR should use in its project analysis. Show EACH step to arrive at your solution. Bfirm