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There is 1 firms equity beta of 0.95 and a leverage ratio of 0.32. 2nd Firms has an equity beta of 1.07. 1st Firm and

There is 1 firms equity beta of 0.95 and a leverage ratio of 0.32. 2nd Firms has an equity beta of 1.07. 1st Firm and 2nd Firm are comparable firms (same industry and same size). What is 2nd Firm's leverage ratio?

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