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4. There are two firms that are operationaly identical, but one is more levered than the other. The first firm has D/V=0.2 and a beta
4. There are two firms that are operationaly identical, but one is more levered than the other. The first firm has D/V=0.2 and a beta of 1.3. The second firm has D/V=0.4. What is the beta of the second firm
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