You are evaluating the cost of capital for a women's fashion and clothing company, Oxymode Inc. The company's market capitalization is $91 million, and it has $30 million in long-term debt but is planning a recapitalization to achieve a target debt- to-equity ratio of 1. The company currently has an equity beta of 1.04 and a corporate tax rate of 32% What would be the equity beta of Oxymode under the target capital structure provide your answer as a number with two decimal places)