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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 beta

image text in transcribed 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 beta of 1.5 , a debt-to-equity ratio of 0.3 , and a tax rate of 21 percent. Based on this information, what is the asset beta for Lauryn's? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct

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