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What is the beta of debt of Zoombie Trading Co. if its beta of equity is 1.5, the cost of debt is 9%, the risk-free
"What is the beta of debt of Zoombie Trading Co. if its beta of equity is 1.5, the cost of debt is 9%, the risk-free rate is 4%, and the market return is 19.6%? The firm has $54M of debt and its equity value is $87M." 0.20 0.32 0.25 0.36 0.27
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