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show all work EVS& Co. has a levered beta of 1.10, its capital structure consists of 40% debt and 60% equity, and its tax rate

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EVS& Co. has a levered beta of 1.10, its capital structure consists of 40% debt and 60% equity, and its tax rate is 40%. What would EVS beta be if it used no debt, i.e., what is its unlevered beta? 0.71 0.64 0.67 0.75 0.79 Grove Inc. is a zero-growth company that currently has zero debt. The company is considering moving to the market value capital structure with the values of debt of $213,333. The money raised would be used to repurchase stock. Find the new number of shares after the repurchase. The old number of shares was 8,000. Stock price is $40

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