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Intro A company has a market value of equity of $320 million and $140 mllion in debt. Its equity beta is 0.9 and its debt is considered risk free. Ignore taxes. Part 1 What is the company's asset beta? 2+ decimals Submit Part 2 Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts. If the company borrows an additional $70 million and uses the proceeds to repurchase its shares, what is the new equity beta? 2+ decimals Submit