Shader Graph doesn't produce correctly coloured material when using "Raytracing Quality" Node

How to Reproduce:
1. Open the attached user project
2. Open “New Shader Graph“ Shader Graph (Assets/New Shader Graph)
3. Inspect the “Shader Graphs_New Shader Graph“ material (Assets/Shader Graphs_New Shader Graph.mat)

Expected result: The “Shader Graphs_New Shader Graph“ material is green
Actual result: The “Shader Graphs_New Shader Graph“ material is red

Reproducible with: 13.1.8 (2022.1.13f1), 14.0.3 (2022.2.0b5), 15.0.0 (2023.1.0a6)
Can’t test with: 10.10.0 (2020.3.38f1), 12.1.7 (2021.3.8f1) (“Raytracing Quality” Node is black)

Reproducible on: macOS (12.5)