You are valuing a privately owned restaurant chain called The Sanitary. To estimate the required return of stockholders you need an asset bota for the restaurant business. You have determined that the most similar business to The Sanitary is a chain called Grungy's, which has an equity beta of 0.675 and a debt-to-equity ratio of 0.35. What is the asset beta for the restaurant business based on Grungy's? Assume that debt betas are zero and that both companies pursue capital structure policies with a fixed debt-to-value ratio. Asset beta- Chary An