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Langley Longboard has 10 million in total assets with debt to capital ratio of 0.40. Langley's beta is currently 1.2, and its tax rate is
Langley Longboard has 10 million in total assets with debt to capital ratio of 0.40. Langley's beta is currently 1.2, and its tax rate is 25%. Use the Hamada equation to find the unlevered beta?
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