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Your firm has a Beta of 1.06, a capital structure ratio of 33/67, and a tax rate of 22%. Calculate the firm's Asset Beta (Unleveraged

Your firm has a Beta of 1.06, a capital structure ratio of 33/67, and a tax rate of 22%. Calculate the firm's Asset Beta (Unleveraged Beta), then calculate the firm's new Beta if management targets a debt ratio of 42%. (Enter using 3 decimal places or more)

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