Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the companys beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances.

	($ millions)
Firm	Beta		Debt		Market Value of Equity
iRobot	0.97		$0		$	3,390
Middleby's	1.92		771			7,570
National Presto	0.17		0			882
Newell Brands	1.12		11,958			27,070
Whirlpool	1.82		4,535			14,470

a. Estimate an asset beta for Sinaloa Appliance. (Round intermediate calculations and final answer to 3 decimal places.)