Question
Suppose the capital structure and unlevered beta estimates for several comparable firms in the market are the following: Firm E/(E+D) D/(E+D)E D U Okay 1.00
Suppose the capital structure and unlevered beta estimates for several comparable firms in the market are the following:
Firm E/(E+D) D/(E+D)E D U
Okay 1.00 0.00 1.50 0 1.50
Apple 0.91 0.090.70 0 ?
Pear 1.05 -0.05 0.60 0 0.63
What is the unlevered beta for Apple?
A. 0.00 B. 0.64 C. 1.15 D. 1.0
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
