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	0.91		$0		$	3,090
Middleby's	1.86		753			7,450
National Presto	0.11		0			816
Newell Brands	1.06		11,928			26,470
Whirlpool	1.76		4,505			14,050

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