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Firm X has a total market value of $9.5 million with debt of $2.5 million outstanding. The unlevered firm beta is 1.75 while the
Firm X has a total market value of $9.5 million with debt of $2.5 million outstanding. The unlevered firm beta is 1.75 while the tax rate is 21 percent. What is the levered equity beta?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
