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A firm has a levered beta of 1.60, and its debt to equity ratio is 2.0. What would the company be if it used no
A firm has a levered beta of 1.60, and its debt to equity ratio is 2.0. What would the company be if it used no debt, i.e., what is its unlevered beta if the corporate tax rate is 40%?
0.39
0.65
0.73
1.0
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