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A firm has an asset beta of 1.7. The firm is financed with 14% debt and the remainder equity. The firm's debt beta is 0.1.
A firm has an asset beta of 1.7. The firm is financed with 14% debt and the remainder equity.
The firm's debt beta is 0.1. What is the firm's equity beta? Give your answer to the closest 0.01.
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The Global Financial Crisis What Have We Learnt
Authors: Steven Kates
1st Edition
0857934228, 978-0857934222
