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You are valuing a privately owned consumer goods company. You have established that the unlevered beta of a publicly listed consumer goods company in the

You are valuing a privately owned consumer goods company. You have established that the unlevered beta of a publicly listed consumer goods company in the same industry is 1.20, the corporate tax rate for all companies is 30%, and that the privately owned consumer goods company has a debt-to-equity ratio of 0.9. Given this information, calculate the levered beta of the privately owned consumer goods company.

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