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FINA is considering starting a new division in the food industry. There are three pure plays in this industry. The tax rate of all firms

FINA is considering starting a new division in the food industry. There are three pure plays in this industry. The tax rate of all firms is 20%. The Beta, asset value, and D/E ratios of the three pure plays are given in the following table. The cost of debt is 5%. The target D/E ratio of this new division is .6. What is the Beta of this new division?
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