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Refer to Chapter 8 Problem 6. Assume a riskless rate of 7%, a market risk premium of 5.5%, and a tax rate of 40%. The

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Refer to Chapter 8 Problem 6. Assume a riskless rate of 7%, a market risk premium of 5.5%, and a tax rate of 40%. The unlevered beta for the automobile component industry is 0.7258. This statement is: True False

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