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Constructors Inc. is into construction of commercial complexes and is considering a highway building project. The debt by equity ratio of Constructors Inc. is 0.75. The comparable firm in the business has debt of USD 20,000,000 and equity of 15,000,000. The comparable company’s equity beta is calculated to be 1.3 and both operate in a marginal tax rate of 35%. Calculate the projects beta for Constructors Inc.