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You are considering opening a regional chain of fast food restaurants. Runza has a CAPM equity beta of 1.2 and a debt to equity ratio

You are considering opening a regional chain of fast food restaurants. Runza has a CAPM equity beta of 1.2 and a debt to equity ratio of 1.1. If the tax rate is 0.26 and your debt to equity ratio is 1.1, what is the CAPM equity beta of your business?

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