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Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company's beta. You have obtained the following equity betas
Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company's
beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances.
a Estimate an asset beta for Sinaloa Appliance.
Note: Round intermediate calculations and final answer to decimal places.
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
3rd Edition
0073382426, 9780073382425
