Wk 6 Homework A Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the company's beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances. points Firm i Robot Middleby's National Presto Newell Brands whirlpool Beta 0.89 1.84 0.09 1.04 1.74 ($ millions) Market Value Debt of Equity $0 $ 2,990 747 7,410 794 11,918 26,270 4,495 13,910 a. Estimate an asset beta for Sinaloa Appliance. (Round intermediate calculations and final answer to 3 decimal places.) Answer is complete but not entirely correct. Asset beta 1.306