XYZ, Inc. is considered as being above average risk and so its market equity beta is 1.8. Currently, the default free rate on long term govt. securities is 4% and the market risk premium is 9%. Furthermore, XYZ has $2 million of interest bearing debt outstanding and the market value of equity is estimated at $3 million. Its income tax rate is 40%. What is XYZ's unlevered market beta? O 1.29 1.39 O 1.89 O 1.8