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Use the debt beta table to estimate the asset beta of JetBlue Airline. By rating A and above BBB BB B CCC Average beta <
Use the debt beta table to estimate the asset beta of JetBlue Airline.
By rating | A and above | BBB | BB | B | CCC |
Average beta | < 0.05 | 0.1 | 0.17 | 0.26 | 0.31 |
Company Name | Market Capitalization ($ million) | Total Enterprise Value ($ million) | Equity Beta | Debt Ratings |
Delta Air Lines (DAL) | 4951.1 | 17039.1 | 2.046 | BB |
Southwest Airlines (LUV) | 4860.8 | 6370.2 | 0.972 | A/BBB |
JetBlue Airways (JBLU) | 1250.3 | 3827.8 | 1.903 | B/CCC |
Continental Airlines (CAL) | 1097.8 | 4448.7 | 1.955 | B |
Group of answer choices
0.813
0.678
0.759
0.715
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