Question
Harris store is financed with 48 percent debt and the rest equity. It therefore has a leveraged beta of 1.7 and is subject to a
Harris store is financed with 48 percent debt and the rest equity. It therefore has a leveraged beta of 1.7 and is subject to a 35% corporate tax rate. What is Bori's unleverged beta?
Round answer to two decimals.
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
0128104414, 978-0128104415
