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QUESTION 13 Bailey and Sons has a levered beta of 1.10, its capital structure consists of 40% debt and 60% equity, and its tax rate

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QUESTION 13 Bailey and Sons has a levered beta of 1.10, its capital structure consists of 40% debt and 60% equity, and its tax rate is 25%. What would Bailey's beta bei it used no debt, ie., what is its unlevered beta? a 0.73 b0.00 C. 0.63 d 0.70 0 0.66

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