years. This is II grew but the enterprise value stayed behind. Long term debt: 1300 smiles hasn't been all that leveraged took out a Question 2: Cost of Capital a) Comment on the Beta of 1300 Smiles of 0.87 compared to the Industry average of 0.92. Why do you think the Beta of 1300 reported industry average? b) Using the formula and data below calculate 1300 Smiles unlever Unlevered beta =Levered Beta /(1+D/E*(1- Marginal tax ra- Morningstar BETA CALCULATIONS Levered Betas 1300 Smiles Limited 0.87 Gross Gearing 0.5806 Why is the observe equity beta from Morningstar recorded above unlevered equity beta? What does this difference represent to equi Insert your answer here years. This is II grew but the enterprise value stayed behind. Long term debt: 1300 smiles hasn't been all that leveraged took out a Question 2: Cost of Capital a) Comment on the Beta of 1300 Smiles of 0.87 compared to the Industry average of 0.92. Why do you think the Beta of 1300 reported industry average? b) Using the formula and data below calculate 1300 Smiles unlever Unlevered beta =Levered Beta /(1+D/E*(1- Marginal tax ra- Morningstar BETA CALCULATIONS Levered Betas 1300 Smiles Limited 0.87 Gross Gearing 0.5806 Why is the observe equity beta from Morningstar recorded above unlevered equity beta? What does this difference represent to equi Insert your answer here