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Question 24 The firms unlevered (asset) beta is 0.55. The firm has $40 million of debt, 5% interest rate, and debt ratio is 0.4. The

Question 24

The firms unlevered (asset) beta is 0.55. The firm has $40 million of debt, 5% interest rate, and debt ratio is 0.4. The firms tax rate is 40% and the market risk premium is 4%. What is the firms levered beta?

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