Solar is a privately held company in the electric vehicle industry. Knowing that the industry's D/E target is 80%, calculate the beta equity of Solar.
Approximate the result to two decimal places
Data		Equity (BV)	Equity (MV)	Debt (BV)	Debt (MV)	Cash	Beta Equity
Tessal	TS	37.5	27.5	225	199	100	1.20
WMB	WMB	51	72	145	164	72	0.99
Sand X	SX	40	65.5	240.5	245	107.5	1.22
Hydrogen Boost	HB	71.5	81.5	220	185.5	88	1.15
Climate Delta	CDD	238	110	288.5	297.5	67.5	1.03
Target D/E industry	80%