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If Corona is fairly priced as a business , given how the rest of the industry is trading at, and it has $500 million in

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If Corona isfairly priced as a business, given how the rest of the industry is trading at, and it has $500 million in debt outstanding, estimate the levered beta for the company. (Tax rate =30%)

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Corona Inc. is a US company that operates in three businesses. You have been provided with the information on how much the company generates in revenues in each business and industry averages for each business. Industry Averages Revenues Business _ _ _ Enterprise ValuelSales Unlevered Beta {in US$ millions) Steel '5 800.00 0.75 0.90 Technology $ 400.00 2.50 1.20 Retail $ 500.00 0.80 0.80 If Corona is @Lpnced as a business, given how the rest of the industry is trading at, and it has $500 million in debt outstanding, estimate the levered beta for the company. (Tax rate =30%)

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