To complete this problem, you must use an excel spreadsheet. 6. Safecorp, which owns and operates grocery stores across the united states, currently has $50 million in debt and $100 million in equity outstanding. It's stock has a beta of 1.2. It is planning a leveraged buyout where it will be increase it's debt to equity ratio of 8. If the tax rate is 40%, what will the beta of the equity in the firm be after leveraged buyout?