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Please show work and formulas. I am studying for a test. Thank you I will upvote. 9) HNT is an all-equity firm with a beta
Please show work and formulas. I am studying for a test. Thank you I will upvote.
9) HNT is an all-equity firm with a beta of 88. What will the firm's equity beta be if the firm switches to a debt-equity ratio of .35? A) 1.188 B).880 C) 8.567 D) 1.204 E).972Step by Step Solution
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