> Question 3 1 pts Buffalo Corporation faces a 30% tax rate and has a 0.55 debt to equity ratio with $280 million (market value) in debt outstanding. Free cash flow the Buffalo Corp., is expected to grow at a rate of 4% for the near future. Buffalo's equity beta is 1.5, the risk-free rate is currently 4% and the market risk premium is estimated to be 6%. What is the Buffalo's asset beta? O 0.97 O 1.21 O 1.38 01.29 O 1.08