Other items Tax rate Unlevered beta 25% Market risk premium 1.0% 0.70 Risk free rate 7.0% Long term growth 2.5% Long term ROCB 1.5% 8.0% 0.50 Target debt/equity ratio Bond rating Small firm premium Credit spread debt BBB 2.0% To estimate the beta of equity we can re-lever the unlevered beta with the Hamada formula. What is the re- levered beta of this company? Please round your calculation to one decimal place and use a period to indicate the decimal place (e.g. 2.1 instead of 2,1)