Assuming you have the following data for evaluating investments using the Capital Asset Pricing Model (CAPM):

• The S&P 500 Index has an expected annual return of 7.2% and volatility (standard deviation) of 8.2%.
• The Andromeda Fund is expected to provide an annual return of 6.8% and has a volatility of 7.0%.
• The S&P 500 Index serves as the benchmark for the Andromeda Fund.
• The risk-free rate is 2.2% per year.

What is the beta coefficient of the Andromeda Fund based on the given information?