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The Free Float Comany, a company in the 36% tax bracket, has riskless debt in its capital structure which makes up 40% of the total

The Free Float Comany, a company in the 36% tax bracket, has riskless debt in its capital structure which makes up 40% of the total capitl structure, and equity is the other 60%. The beta of the assets for this business is .8.What is the equity beta?


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