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3. Unlevered Betas Company C has an estimated beta of 1.5 and does not have any debt or other non-common equity financing. The company has
3. Unlevered Betas Company C has an estimated beta of 1.5 and does not have any debt or other non-common equity financing. The company has 30% of its total market value invested in marketable securities that have an estimated beta of 0.4 and are assumed to be excess assets. What is the unlevered beta for Company C's operations
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