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Unlevered beta Harley Motors has $20 million in assets, which were financed with $4 million of debt and $16 million in equity. Harley's beta is

Unlevered beta

Harley Motors has $20 million in assets, which were financed with $4 million of debt and $16 million in equity. Harley's beta is currently 1.35 and its tax rate is 35%. Use the Hamada equation to find Harley's unlevered beta, bU. Round your answer to two decimal places.

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