Question
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
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 0.8. If RobCo is 77% debt financed, and the rest is equity financed, what is RobCo's equity beta if the tax rate is 18%?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
