You are an analyst at Apex Innovations, known for its cutting-edge technology in the renewable energy sector, Apex is considering moving into high-energy batteries. You have been assigned to determine the leverage beta for this new division. Apex, plans to maintain a target debt-to-equity ratio of 1.88 . We comparing other companies in the high-energy battery sector, you learned the average beta is 0.83 and the industry's average debt-to-equity rato is 1.56 . The tax rate for Apex and the high energy battery sector is 25%. What is the industry's unleverage beta? What is the new division's leverage beta