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Amber Company has $ 2 8 million in assets, which were financed with $ 8 million of debt and $ 2 0 million in equity.
Amber Company has $ million in assets, which were financed with $ million of debt and $ million in equity. Amber's beta is currently and its tax rate is
a Use the Hamada equation to find Amber's unlevered beta bu
b What happens to Amber's beta if the company changes its capital structure to $ million debt and $ million equity?
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