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6. (5 Points) The Company Past, Inc. needs to estimate a cost of capital for a new investment project. Since the project is not in the company's current line of business, the financial analyst at the Company gathers the following pure play data. Pure Play Companies Company 1 Company 2 Equity Beta (Be) 1.20 1.60 Debt-to-Firm Value 20% 30% Tax rate (1) 0.25 0.30 Both pure plays have a zero-debt beta. What is the asset beta (BA) for the new investment project based on two Pure Plays