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43. Joliene Foods has a capital structure of 36% debt and 64% equity, its tax rate is 45% and its beta is 1.40. What would

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43. Joliene Foods has a capital structure of 36% debt and 64% equity, its tax rate is 45% and its beta is 1.40. What would firm's beta be if it decides to use no debt in its capital structure? A) 1.03 B) 1.29 C) .80 D) .88 E) 1.15

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