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Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company's beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances. ($ millions) Market Value of Firm Beta Debt Equity i Robot 1.03 $ 0 $ 3,690 Middleby's 1.98 789 7, 690 National Presto 0.23 948 Newell Brands 1. 18 11,988 27,670 Whirlpool 1.88 4,565 14,890 a. Estimate an asset beta for Sinaloa Appliance. Note: Round intermediate calculations and final answer to 3 decimal places. Asset beta ences