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The CFO of Eastman Chemical Co. is interested in evaluating the cost of equity capital for his firm. Using the information of comparable companies, he

The CFO of Eastman Chemical Co. is interested in evaluating the cost of equity capital for his firm. Using the information of comparable companies, he estimated the unlevered equity beta to be 1.024 on average. If Eastmans debt-to-equity capitalization ratio is .40 and its debt beta is .30, your estimate of the firms levered equity beta is ___

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