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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 1.0. If RobCo is 19% 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.image text in transcribed

Question 3 0/3 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 1.0. If RobCo is 19% 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. You Answered -4.1605 Correct Answer 1.18 margin of error +/-0.01

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