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A company has equity of $60 million and debt of $30 million. Its current cost of equity is 15.25% with a debt beta of 1.4

A company has equity of $60 million and debt of $30 million. Its current cost of equity is 15.25% with a debt beta of 1.4 the risk free rate is 5.4% and the E(rm) =12%. What is the company's asset beta

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