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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

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 1.4, a debt-to-equity ratio of 0.6, and a tax rate of 21 percent. Based on this information, what is the asset beta for Lauryns? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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