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Hartman Motors has $15 million in assets, which were financed with $5 million of debt and $10 million in equity. Hartman's beta is currently 1.25,
Hartman Motors has $15 million in assets, which were financed with $5 million of debt and $10 million in equity. Hartman's beta is currently 1.25, 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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