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EZCUBE Corp. is 51% financed with long-term bonds and 49% with common equity. The debt securities have a beta of 0.16. The company's equity beta

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EZCUBE Corp. is 51% financed with long-term bonds and 49% with common equity. The debt securities have a beta of 0.16. The company's equity beta is 1.24. What is EZCUBE's asset beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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