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The beta of Costcos stock is 0.77. The companys market value of equity is $24.9 billion, the value of its debt is $2.3 billion, and
The beta of Costcos stock is 0.77. The companys market value of equity is $24.9 billion, the value of its debt is $2.3 billion, and its tax rate is 35%. What is Costcos asset beta?
A) 0.73
B) 0.58
C) 0.98
D) 1.02
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
