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DIY Inc. has an equity beta of 1.43 and a debt beta of 0.61. The firm's market value debt to asset ratio is 0.22. DIY
DIY Inc. has an equity beta of 1.43 and a debt beta of 0.61. The firm's market value debt to asset ratio is 0.22. DIY has a tax rate of 0.4. What is the asset beta?
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