Use the following information for questions 11.3 and 11.4. The assets of Genius Software may, in one year, have a value of 100 million or 250 million. The probability that their value will be 100 million is 0.4 and the probability that their value will be 250 million is 0.6. The unlevered beta for Genius Software is 1.5. Beta for debt is 0. The annual effective risk-free interest rate is 0.05. The market risk premium is 0.08. ZYX has 150 million of zero-coupon bonds maturing in one year outstanding 11.3. Calculate the value of equity 11.4. Calculate beta for equity