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Suppose a company, Citron Corporation, is an all - equity firm with stock having a beta of 0 , 8 2 . Citron decided to
Suppose a company, Citron Corporation, is an allequity firm with stock having a beta of Citron decided to issue new riskfree debt with a yield and repurchase of its stock. Assuming perfect capital markets, what will be the beta of Citron's stock after this transaction?
Suppose a company, Citron Corporation, is an allequity firm with stock having a beta of Citron decided to issue new riskfree debt with a yield and repurchase of its stock. Assuming perfect capital markets, what will be the beta of Citron's stock after this transaction?
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