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Mass Co . has a beta of 1 . 2 0 . The firm currently has 3 0 % debt, but is considering changing its

Mass Co. has a beta of 1.20. The firm currently has 30% debt, but is considering changing its capital structure to be 20% debt and 80% equity. If its corporate tax rate is 40%, what is its levered beta at 20% debt level?

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