Question
You are examining a firm after a proposed merger takes place with the information provided: < $ in millions Acquiring Company Target Company Book
You are examining a firm after a proposed merger takes place with the information provided: < $ in millions Acquiring Company Target Company Book Value Assets Book Value Equity Book Value Market Value Enterprise Debt Equity Value 8,200 1,400 3,526 882 3,034 6,232 9,266 182 2,408 2,590 The betas of the acquiring and target companies are 0.953 and 1.364, respectively. What is the beta of the firm after the merger?
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