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A firm is valued at $5.8 million and has riskless debt of $2.3 million outstanding. The firm has an equity beta of 1.81. What is

A firm is valued at $5.8 million and has riskless debt of $2.3 million outstanding. The firm has an equity beta of 1.81. What is the asset beta if there are no taxes? a. 1.11 b. 1.86 c. 1.15 d. 1.09 e. 1.71

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