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Hartman Motors has $ 1 6 million in assets, which were financed with $ 4 million of debt and $ 1 2 million in equity.

Hartman Motors has $16 million in assets, which were financed with $4 million of debt and $12 million in equity. Hartman's beta is currently 0.85, and its tax
rate is 40%. Use the Hamada equation to find Hartman's unlevered beta, bu. Do not round intermediate calculations. Round your answer to two decimal
places.
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