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*A firm has two divisions. Division 1 makes up 53% of firm value, and Division 2 makes up the rest. The divisions have the following

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*A firm has two divisions. Division 1 makes up 53% of firm value, and Division 2 makes up the rest. The divisions have the following operation betas: 1=0.1,2=0.4 The risk-free rate is 2.8%. The firm is 26% debt financed, with the remainder equity financing. The debt is risk-free. What is the firm's equity beta? Give your answer to the closest Selected Answer: Correct Answer: 0.180.01

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