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Alpha Company has riskless debt, a debt-equity ratio of .46, a tax rate of 21 percent, and an unlevered firm beta of 1.23. What is

Alpha Company has riskless debt, a debt-equity ratio of .46, a tax rate of 21 percent, and an unlevered firm beta of 1.23. What is the equity beta?

.67

.73

.86

1.68

1.47

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