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XYZ has an equity beta of 1.35. XYZs equity value is $1,200. XYZ has US dollar net debt of $300 and euro-denominated debt of $700.
XYZ has an equity beta of 1.35. XYZs equity value is $1,200. XYZ has US dollar net debt of $300 and euro-denominated debt of $700. Assume currency beta of euro is 0.20. What is XYZs operating beta?
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