Suppose a company uses only debt (in the form of loans) and common equity to finance its capital budget. Company estimates that its WACC is 15%. The capital structure consists of 43% debt. The loan is charged at LIBOR plus 51 basis points. LIBOR is currently 8.25%. The tax rate is 20%. Risk free rate is = 2.7% and the MRP is 8%. What is the beta of the company? Round your answer to two decimal places.,