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16-2: Business Risk and Financial Rick Problem 16-3 Premium for Financial Ethier Enterprise has an unlevered beta 1. Ethier is financed with 35% debt and

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16-2: Business Risk and Financial Rick Problem 16-3 Premium for Financial Ethier Enterprise has an unlevered beta 1. Ethier is financed with 35% debt and has a levered beta of 1.4. If the risk free rate is 6% and the market risk premium is 5%, how much is the additional premium that Ethier's shareholders require to be compensated for financial risk Round your answer to two decimal places. OOOO

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