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Suppose a company uses only debt and internal equity to finance its capital budget and uses CAPM to compute its cost of equity. Company estimates

Suppose a company uses only debt and internal equity to finance its capital budget and uses CAPM to compute its cost of equity. Company estimates that its WACC is 12%. The capital structure is 75% debt and 25% internal equity. The before tax cost of debt is 12.5 % and tax rate is 20%. The risk-free rate is 6% and equity market risk premium is 8%: What is the beta ( of the company?

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