Question 14 Not yet answered Your firm is planning to invest in a new electrostatic power generation system. Nicholi Inc is a firm that specializes in this business. Nicholi has a stock price of $25 per share with 18 million shares outstanding. Nicholi's equity beta is 1.18. It also has $220 million in debt outstanding with a debt beta of 0.08. Your estimate of the asset beta for electrostatic power generators is closest to: Points out of 1.00 P Flag question a. 0.80 b. 0.70 c. 1.10 o O d. 0.90