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Question 9 5 pts ABC Company currently has a capital structure consisting of 42% debt and the remaining as equity, a levered beta of 1.51,

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Question 9 5 pts ABC Company currently has a capital structure consisting of 42% debt and the remaining as equity, a levered beta of 1.51, and its tax rate is 40%. The company is considering to adopt a new capital structure of 31% debt and the remaining as equity. What would the company's new levered beta be under the new capital structure? Round your answer to two decimal places. (Hint: Use the Hamada equation.) 1.24 1.34 1.31 1.29 1.26 Previous Next

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