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Your firm is planning to invest in a new electrostatic power generation system. Electrostat Inc is a firm that specializes in this business. Electrostat has

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Your firm is planning to invest in a new electrostatic power generation system. Electrostat Inc is a firm that specializes in this business. Electrostat has a stock price of $25 per share with 16 million shares outstanding. Electrostat's equity beta is 1.4. It also has 265 million in debt outstanding with a debt beta of 0.06. Your estimate of the asset beta for electrostatic power generators is (Please write your answer as a number, with two decimal places. e.g. write "0.1234" as "0.12")

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