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Noel Co. is currently financed entirely with equity and its (unlevered) beta is 0.74. The applicable corporate tax rate is 25%. Suppose it decides to

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Noel Co. is currently financed entirely with equity and its (unlevered) beta is 0.74. The applicable corporate tax rate is 25%. Suppose it decides to change its capital structure such that it is financed with 60% debt and 40% equity. What would the firm's new (levered) beta be? O 1.11 O 1.57 O 0.49 O 0.35

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