Suppose a firms business operations mirror movements in the economy as a whole very closelythat is, the firms asset beta is 1. Find the equity beta for this firm for debtequity ratios of 0, 1.5, 6.1, and 24. (Do not round intermediate calculations and round your final answer to 1 decimal place (e.g., 32.1).)

Debt-Equity Ratio Equity Beta

0

1.5

6.1

24