13.1. Analyze the Hughes acquisition by first computing the betas of the comparison firms, Lockheed and Northrop,

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13.1. Analyze the Hughes acquisition by first computing the betas of the comparison firms, Lockheed and Northrop, as if they were all equity financed. Hint:

Use equation (13.7) to obtain UA from E.

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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