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Banisters is valued at $8.30 million and has debt of $2.20 million outstanding. The unlevered firm beta is 1.68, and the tax rate is 21

Banisters is valued at $8.30 million and has debt of $2.20 million outstanding. The unlevered firm beta is 1.68, and the tax rate is 21 percent. The cost of debt is 5.70 percent, the risk free rate is 4 percent, while the expected market risk premium is 6 percent. What is the levered equity beta?

A. 2.05

B. 2.08

C. 2.10

D. 1.98

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