Banisters is valued at 86 million and has debt of 21, Finance Basics

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Banisters is valued at 86 million and has debt of 21

Question: Banisters is valued at $8.6 million and has debt of $2.1 million outstanding. The unlevered firm beta is 1.72, the debt beta is zero, and the tax rate is 34 percent. What is the levered equity beta? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Banisters is valued at 86 million and has debt of 21

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Finance Basics: Banisters is valued at 86 million and has debt of 21

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