Question 1 7 pts Terlingua Energy Resources is a privately held, all equity firm. Managers at Terlingua need to estimate equity beta for their common stock. Here is data on four competitors. The four companies are publicly traded, all equity firms. Book value of Share price Shares outstanding equity ($ million) (S) Company Hallibuddy Co. 1.15 500 Schlumbertime Ltd. 1.30 Felix Energy Inc. 1.50750 Suferior Energy Co. 1.75 2,000 Estimate the Terlingua's equity beta using the best procedure described in the lecture Do not round at intermediate steps in your calculation. Express your answer in deimal form. Round to two decimal places. Beta (millions) 37.76 40 65.92 30 19.52 25 116.93 20 1,000 Next