Question
Hartman Motors has $12 million in assets, which were financed with $6 million of debt and $6 million in equity. Hartman's beta is currently 0.65,
Hartman Motors has $12 million in assets, which were financed with $6 million of debt and $6 million in equity. Hartman's beta is currently 0.65, and its tax rate is 35%. 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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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
