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ABC Inc. has a debt-to-equity ratio of 1.2 , and its beta (leveraged) is 1.634.ABC Inc. is willing to change its target capital structure to

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ABC Inc. has a debt-to-equity ratio of 1.2 , and its beta (leveraged) is 1.634.ABC Inc. is willing to change its target capital structure to a debt-to-equity ratio of 0 . What is its new beta (corporate tax rate is 40% )? Select one: a. 1.05 b. 0.98 c. 0.95 d. 1.15

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