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You are going to value Lauryn s Doll Company using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity

You are going to value Lauryns Doll Company using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity beta of 1.5, a debt-to-equity ratio of 0.8, and a tax rate of 21 percent. Based on this information, what is the asset beta for Lauryns?

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