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Suppose that Maroon company has a capital structure of 15% equity, 85% debt, and that it's before tax cost of debt 8%. While Maroon has

Suppose that Maroon company has a capital structure of 15% equity, 85% debt, and that it's before tax cost of debt 8%. While Maroon has WACC of 8.5%. Assume the appropriate tax rate is 25%. If the market is expected to be 15% and the risk-free rate is 5%, what will be maroon's beta?

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