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EZCUBE Corp. is 58% financed with long-term bonds and 42% with common equity. The debt securities have a beta of 0.23. The companys equity beta
EZCUBE Corp. is 58% financed with long-term bonds and 42% with common equity. The debt securities have a beta of 0.23. The companys equity beta is 1.17. What is EZCUBEs asset beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
Beta of assets:
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