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Sea Wolves Solutions currently has 15M shares outstanding priced at $12 per share and 60K bonds outstanding priced at $200 per bond. The company has
Sea Wolves Solutions currently has 15M shares outstanding priced at $12 per share and 60K bonds outstanding priced at $200 per bond. The company has an equity beta of 0.8 and a debt beta of 0.15. What is the asset beta of the firm?
0.76
0.65
0.84
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