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ABC Company has a levered beta of 1.32, its capital structure consists of 376 debt and the remaining as equity, and its tax rate is

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ABC Company has a levered beta of 1.32, its capital structure consists of 376 debt and the remaining as equity, and its tax rate is 40%. What would the compary's beta be if it used no debt? Round your answer to two decimal places of a whole number. (Hint: Use the Hamada equation) 0.98 096 1.00 102 on ABC Company has a levered beta of 1.32, its capital structure consists of 376 debt and the remaining as equity, and its tax rate is 40%. What would the compary's beta be if it used no debt? Round your answer to two decimal places of a whole number. (Hint: Use the Hamada equation) 0.98 096 1.00 102 on

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