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Please help fast - Given the information below on peer companies A-D, calculate the beta for company E if it has net debt/equity of 0.65
Please help fast - Given the information below on peer companies A-D, calculate the beta for company E if it has net debt/equity of 0.65 and a tax rate of 35%.
Company, Beta, Net debt / equity, tax rate
A 1.25, 1.25, 35%
B 1.45, 1.65, 35%
C 1.32, 1.38, 35%
D 1.08 1.03 35%
Answer Choices 1.03 1.05 0.97 1.02
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