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 = 0.27% + 0.8 x R_Market R²= 0.3 The current one-year Treasury bill rate is 2.4 and the current thirty-year bond rate is 6.6%. The firm has 142 million shares outstanding, selling for $54.81 per share. The debt to equity ratio is 0.61. What is the unlevered beta for the equity of TXBT? (Answer Format to two decimal places , for example, 3.21)