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Currently, Bloom Flowers Inc. has a capital structure consisting of 2 0 % debt and 8 0 % equity. Bloom s debt currently has an

Currently, Bloom Flowers Inc. has a capital structure consisting of 20% debt and 80% equity. Blooms debt currently has an 6.1% yield to maturity. The risk-free rate (rRF) is 2.9%, and the market risk premium (rM rRF) is 7.3%. Using the CAPM, Bloom estimates that its cost of equity is currently 13.9%. The company has a 28% tax rate.
What would Blooms beta be if the company had no debt in its capital structure? (That is, what is Blooms unlevered beta, bU?)

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