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. Company Beta Book value of equity is million) 500 Share price ($1 Shares outstanding millions 115 7.13 1.30 1.000 69.24 30 Hallibuddy Co. Schlumbertime Ltd. Felix Energy Inc. Suferior Energy 1.50 750 62.09 25 20 1.75 2.000 25.38 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 decimal form. Round to two decimal places