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What is the beta for a firm with 65% equity and 35% debt if a similar firm with 55% equity and 45% debt has a
What is the beta for a firm with 65% equity and 35% debt if a similar firm with 55% equity and 45% debt has a levered beta of 1.5? Corporate tax rate is 40%. A. 3.96 B. 2.12 C. 1.76 D. 1.33 E. 1.01
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