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ABCC 0 . has an asset beta of 1 . 0 5 and a debt beta of 0 . 8 . Target debt - to

ABCC0. has an asset beta of 1.05 and a debt beta of 0.8. Target debt-to-equity (D/E) ratio is 0.6.
With no taxes, what is the equity beta?
a.1.05
b.1.20
c.0.90
d.0.65
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