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TB MC Qu. 18-49 Banisters is valued at... Banisters is valued at $8.6 million and has debt of $2.1 million outstanding. The unlevered firm beta

TB MC Qu. 18-49 Banisters is valued at... Banisters is valued at $8.6 million and has debt of $2.1 million outstanding. The unlevered firm beta is 1.72, and the tax rate is 21 percent. What is the levered equity beta?

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