XYZ Corporation, a publicly traded company, operates in a sector with an average unlevered beta of $1\mathrm{.}2.$ The company currently has a levered beta of $1\mathrm{.}6,$ a debt$-$to$-$equity ratio of $0\mathrm{.}5,$ and a corporate tax rate of $30\%.$ XYZ Co structure by increasing its debt level, which will alter its debt$-$to$-$equity ratio to $0\mathrm{.}8.$ Assuming the business risk remains constant, estimate XYZ Corporation's new levered beta after the change in the capital structure