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22. You are trying to find out the equity beta (levered beta) for an unlisted firm. There are three listed firms in th industry as

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22. You are trying to find out the equity beta (levered beta) for an unlisted firm. There are three listed firms in th industry as shown below in the table ifrms are the same as 36%. The debt to equity ratio of the unlisted firm is 1.2. Find out the equity beta for the unlisted firm. CompanyEquity D/E beta Debt to equity ratio 1.4 1.5 1.7 1.2 1.2 1.4 a. Beta 1.0 b. 1.0beta 1.3 c. 1.3 beta 1.6 d. 1.6beta 1.9 e. 1.9

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