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The Floor Store is valued at $8.6 million and has a debt of $2.1 million outstanding. The unlevered firm beta is 1.72, and the tax

The Floor Store is valued at $8.6 million and has a 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?

Multiple Choice

2.16

1.18

1.30

1.98

.86

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