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Given the information below on peer companies A-D, calculate the beta for company E if it has net debt/equity of 0.65 and a tax rate
Given the information below on peer companies A-D, calculate the beta for company E if it has net debt/equity of 0.65 and a tax rate of 35%.
Company | Beta | Net debt / equity | rate |
A | 1.15 | 1.25 | 35% |
B | 1.31 | 1.65 | 35% |
C | 1.45 | 1.38 | 35% |
D | 1.38 | 1.03 | 35% |
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