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	0.95		$0		$	3,290
Middleby's	1.90		765			7,530
National Presto	0.15		0			860
Newell Brands	1.10		11,948			26,870
Whirlpool	1.80		4,525			14,330

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

Asset Beta =