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19) The equity beta of a levered firm is 1.50 . The beta of debt is 0.50 . If the firm's market debt to equity

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19) The equity beta of a levered firm is 1.50 . The beta of debt is 0.50 . If the firm's market debt to equity ratio is 0.70 , the firm's asset beta is: ignore taxes a) 1.50 b) 1.09 c) 0.88 d) 0.46 e) None of the above 1.5=Passet(1+0.70) 0.88= Basset

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