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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 decimal places.
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