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Counts Accounting has a beta of 1.40. The tax rate is 35%, and Counts is financed with 40% debt. What is Counts' unlevered beta? Do
Counts Accounting has a beta of 1.40. The tax rate is 35%, and Counts is financed with 40% debt. What is Counts' unlevered beta? Do not round intermediate calculations. Round your answer to two decimal places.
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