Counts Accounting has a beta of 1.15. The tax rate is 40%, and Counts is financed with

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Counts Accounting has a beta of 1.15. The tax rate is 40%, and Counts is financed with 20% debt. What is Counts’s unlevered beta?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 22, 2011 05:08 PM

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Counts Accounting has a beta of 1.15. The tax rate is 40%, and Counts is financed with

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