Globo-Chem Co. currently has a capital structure consisting of 35% debt and 65% equity. However, Globo-Chem Co.'s CFO has suggested that the firm increase its debt ratio to 50%. The current risk-free rate is 3.5%, the market risk premium is 7.5%, and Globo- Chem Co.'s beta is 1.10. If the firm's tax rate is 25%, what will be the beta of an all-equity firm if its operations were exactly the same? 0.78 Now consider the case of another company: 0.66 0.70 US Robotics Inc. has a current capital structure of 30% debt and 70% equity. Its current before-tax cost of is 25%. It currently has a levered beta of 1.10. The risk-free rate is 3.5%, and the risk premium on the mar %, and its tax rate 5%. US Robotics