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Question 3 3 pts RobCo is a company that makes robots for a variety of applications. A similar company, Cyberdyne Industries, is 100% equity and
Question 3 3 pts RobCo is a company that makes robots for a variety of applications. A similar company, Cyberdyne Industries, is 100% equity and has a beta of 1. If RobCo is 59% debt financed, and the rest is equity financed, what is RobCo's equity beta if the tax rate is 23%? Please give your answer to two decimal places
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