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A company currently has a debt ratio of 40% with beta of 1.4. The company tries to lower its debt ratio to 30%, which is

A company currently has a debt ratio of 40% with beta of 1.4. The company tries to lower its debt ratio to 30%, which is close to the industry average. The company has a tax rate of 21% What will be the beta of the stock at 30% level

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