Harley Motors has $10 million in assets, which were financed with $2 million of debt and $8

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Harley Motors has $10 million in assets, which were financed with $2 million of debt and $8 million in equity. Harley’s beta is currently 1.2, and its tax rate is 40%. Use the Hamada equation to find Harley’s unlevered beta, bU.

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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