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

You are going to value Lauryns Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.8, a debt-to-equity ratio of .5, and a tax rate of 40 percent. Based on this information, what is Lauryns asset beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.) SHOW ALL WORK NOT JUST ANSWER

You are going to value Lauryn's Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.8, a debt-to-equity ratio of .5, and a tax rate of 40 percent. Based on this information, what is Lauryn's asset beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Lauryn's asset beta

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