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You manager has asked you to calculate the asset beta for the comic industry consisting of Marvel and DC. Your manager tells you to assume

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You manager has asked you to calculate the asset beta for the comic industry consisting of Marvel and DC. Your manager tells you to assume that the debt beta is zero. Using the financial data in the table calculate the industry asset beta. BE Marvel DC 1.12 1.26 D 3.50 1.67 E 6.89 3.54 V 10.39 5.21

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