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If Train plc (from lecture example 6) has a debt:equity ratio of 1:10 & Thirt plc is a listed hotel company with an asset

 

If Train plc (from lecture example 6) has a debt:equity ratio of 1:10 & Thirt plc is a listed hotel company with an asset beta of 0.882. The market premium for risk is 8% and the risk-free rate is 4%. Tax is 30%. Required Calculate the equity beta for Train's shareholders (assume debt has a beta of zero).

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