Suppose you are working as a financial analyst for Tesla. Elon Musk has asked you to determine the systematic operating risk (that's a particular type of beta) of adding a new beverage-making- technology to the company's line of vehicles. Of course, Tesla has no experience in this specific area (beverage-making-technology). You remember your finance course and look around for pure plays. You decide on WalterCola as the closest pure play. WalterCola's beta (from Yahoo!Finance) is 1.19 and that company has a D/E ratio of 0.33, and a tax rate of 0.15. What is the (numerical value of the) systematic operating risk of the project that Elon Musk has asked you ascertain? Answer should include four digits to the right of the decimal point