Renata pharmaceuticals limited has a beta of 1.33. Its latest dividend in year 2020 is Tk 1.20. The current selling price of its share is Tk 30 a share. The company's expected growth rate is 7% per annum. The company usually maintains a constant dividend payout ratio. A leaked news show that company has failed in several R&D projects in last several years and now facing an uncertain future. Hence, the price of the share dropped to Tk 25. The T-bill rate is 6%. Based on this information, find its new beta.