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aswer questions wions 23 and 24 based upon the following lalu . The ABC Como Company has two divisions. The value the old The v

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aswer questions wions 23 and 24 based upon the following lalu . The ABC Como Company has two divisions. The value the old The v business is 57 billion. The value of the company's si compty's equity is S6 billion. The company's electiv e is 3% Noble Oil Company has the same type of assets is ABC'soll division. The Noble a Company's equity betais 1.5. The value of the company's dihis company's equity is $3 billion. The company's effective text is 15% t olte e fe Bulls Eye Retailing has the same type o ABC etildi . Bulls Ey e s equity beta is 1.1. The value of the co d e is 32 a nd the value of the company's equity is S5 billion. The company's effective tax rate is 39% Q23. The asset beta for ABC's oil division is closest to a. b. c. d. 0.73 0.87 105 137 Q24. The asset beta for ABC's retail division is closest to a. b. c. d. 0.73. 0.87. 1.05 1.37

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