Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the company's beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances. Firm iRobot Middleby's National Presto Newell Brands Whirlpool Beta 0.95 1.90 0.15 1.10 1.80 ($ millions) Market Value Debt of Equity $0 $ 3,290 765 7,530 860 11,948 26,870 4,525 14,330 a. Estimate an asset beta for Sinaloa Appliance. (Round intermediate calculations and final answer to 3 decimal places.)