Quecrion $8(5$ points$)$ are trying to eotimate a beta for being just in the endertainment software buriness. The average regresoion bets across $49$ entertainmerd software comparies is $1$:$32.$ and the average debt$-$to$-$equity ratio for these firms ts $25\%.$ What is beca for the business riok $($asset beta$)?($Aosuming a $40\%$ marginall tax rate for ail firms$)$

Round the answer to twe decimals. For example, type $1$:$24$ for a $1$:$23456$ answer.

Yout Answer:

Question $8(5$ points$)$

Yaris Inc. is a company that operates in the entertainment software business, and you are trying to estimate a beta for being just in the entertainment software business. The average regression beta across $49$ entertainment software companies is $1\mathrm{.}38,$ and the average debt$-$to$-$equity ratio for these firms is $25\%.$ What is beta for the business risk $($asset beta$)?($Assuming a $40\%$ marginal tax rate for all firms$)$

Round the answer to two decimals. For example, type $1\mathrm{.}24$ for a $1\mathrm{.}23456$ answer.

Your Answer: