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ABC Company currently has a capital structure consisting of 45% debt and the remaining as equity, a levered beta of 1.72 , and its tax

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ABC Company currently has a capital structure consisting of 45% debt and the remaining as equity, a levered beta of 1.72 , and its tax rate is 40%. The company is considering to adopt a new capital structure of 23% debt and the remaining as equity. What would the company's new levered beta be under the new eapitat structure? Pound your answer to two decimal places. (Hint: Use the Harnada equation) 133 tin0 136 1.42 1.39 ABC Company currently has a capital structure consisting of 45% debt and the remaining as equity, a levered beta of 1.72 , and its tax rate is 40%. The company is considering to adopt a new capital structure of 23% debt and the remaining as equity. What would the company's new levered beta be under the new eapitat structure? Pound your answer to two decimal places. (Hint: Use the Harnada equation) 133 tin0 136 1.42 1.39

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