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Jasmine Inc. has a levered beta of 1.40. the firm has a debt to total capital ratio of 22%. if the firm decides to increase

Jasmine Inc. has a levered beta of 1.40. the firm has a debt to total capital ratio of 22%. if the firm decides to increase their debt % in the firm by taking on more loans, what will most likely happen to their levered beta and therefore overall cost of equity?

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