Counts Accountings beta is 1.2 and its tax rate is 25%. If it is financed with 21%

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Counts Accounting’s beta is 1.2 and its tax rate is 25%. If it is financed with 21% debt, what is its unlevered beta?

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Corporate Finance A Focused Approach

ISBN: 978-1337909747

7th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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