Question
EZCUBE Corp. is 50% financed with long-term bonds and 50% with common equity. The debt securities have a beta of .15. The companys equity beta
| EZCUBE Corp. is 50% financed with long-term bonds and 50% with common equity. The debt securities have a beta of .15. The companys equity beta is 1.25. What is EZCUBEs asset beta? (Do not round intermediate calculations. Round your answer to 1 decimal place.) |
| Beta of assets |
|
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
