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CPK Inc. has a levered beta of 1.15. The market value of its equity is $125 million, and the market value of its debt is

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CPK Inc. has a levered beta of 1.15. The market value of its equity is $125 million, and the market value of its debt is $75 million. The applicable corporate tax rate is 35% How much is the unlevered beta of CPK? 2.40 O 0.55 O 0.83 O 1.60

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