You have run a regression of monthly returns on TXBT, a large biotechnology firm, against monthly returns on the S&P 500 index, and come up with the following output R_stock = 3.81% + 0.63 x R_Market R²= 0.4 The current one-year Treasury bill rate is 3.9 and the current thirty-year bond rate is 7.1%. The firm has 222 million shares outstanding, selling for $73.24 per share. The debt to equity ratio is 0.59. What is the unlevered beta for the equity of TXBT? (Answer Format to two decimal places , for example, 3.21)