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1 points Save Ant You are trying to value a private company. The company has 4 million of debt and 4 million of book equity.
1 points Save Ant You are trying to value a private company. The company has 4 million of debt and 4 million of book equity. The ratio of market value to book value for similar firms is 2 You decide to use this ratio to estimate the market value of equity. The average beta for publicly traded firms in the same industry is 1.62. and the average debt-to-equity ratio for public firms in this industry is 0.4. The corporate tax rate is 309. What is your estimate beta of this private company
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