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Company XYZ has an unlevered beta of 0 . 6 0 . Company XYZ has an average debt of $ 5 5 0 , 0

Company XYZ has an unlevered beta of 0.60.
Company XYZ has an average debt of $550,000 and average equity of $350,000. Its income tax rate is 30.0%.
Calculate the levered beta of the company. (Only input the number and use two decimals. For example, a beta of 1.99 would be input as 1.99.)

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