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Harrison Holdings, Inc. (HHil) is publidy traded, with a current share price of $34 per share. HHi han 29 million stares outstanding. as well as

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Harrison Holdings, Inc. (HHil) is publidy traded, with a current share price of $34 per share. HHi han 29 million stares outstanding. as well as 565 mation in debt. The founder of Hifl. Harry Harrison. made his fortune in the fast food business. He sold off part of his fast food empire, and purchased a professional hockey feam HHi's only assets are the hockin feam. togethiec with 50% of the outstanding shares of Harry's Hotdogs restaurant chain. Hamy's Holdogs (HDG) has a market capitalization of $864 million, and an enterprise value of $103. bllition. After a litle research, you find that the average asset beta of other last food restaurant chains is 0 78. You also find that the debt of Hitl and HDG is highty rated, and so you decide to estimale the beta of both feris' debt as zero. Finaliy. you de a regrestion analysis on HHfs thistorical stock returns in comparison to the S8P 500 , and estimate an equity bela of 1.31. Given this information, estimate the beta of HHrs investrisent in the hockey teamt HHrs asset beta is (Round to wo decimal places) The hoidog cquify beta it (Round to two decimal placen) The value of hockey tean is 5 milion. (Round to one decimal place) The beta of HHts investment in the hockey team is (Round to two decimat places.)

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