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Sinaloa Appllance, Incorporated, a prlvate firm that manufactures home appliances, has hired you to estlmate the company's beta. You have obtalned the following equity betas

Sinaloa Appllance, Incorporated, a prlvate firm that manufactures home appliances, has hired you to estlmate the company's beta. You
have obtalned the following equity betas for publicly traded firms that also manufacture home appliances.
a. Estimate an asset beta for Sinaloa Appllance.
Note: Round intermediate calculations and final answer to 3 decimal places.
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