Your company contemplates the investment in a new type of business, which is non$-$related to its overall

activities.

The following information is available for three listed pure players that are deemed representative for the new

business.

For your own company, a $19\mathrm{.}2\%$ tax rate applies. Your CFO has indicated that your current $\frac{D}{E}=1\mathrm{.}5$ ratio will be

maintained, and corporate debt is financed at the risk$-$free rate, which is $2\mathrm{.}8\%.$ The expected return on the

market portfolio is $7\mathrm{.}1\%.$

a$)$Which equity beta applies to the new investment project?

b$)$Which WACC applies to the new investment project?

Express your final answer as a percentage; round your final answer to $2$ decimal places, ignore the percentage sign, and use a decimal point $($not a comma$).$

For example: You obtain an answer of $0\mathrm{.}123456,$ which is $12\mathrm{.}3456\%,$ and now give in: $12\mathrm{.}35$