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	0.94		$0		$	3,240
Middleby's	1.89		762			7,510
National Presto	0.14		0			849
Newell Brands	1.09		11,943			26,770
Whirlpool	1.79		4,520			14,260

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