Counts accounting has a beta of 140 the tax rate is 35 and


Counts Accounting has a beta of 1.40. The tax rate is 35%, and Counts is financed with 35% debt. What is Counts' unlevered beta? Round your answer to two decimal places.

Levered Beta = Unlevered Beta x (1 + ((1 – Tax Rate) x (Debt/Equity)))

1.40 = Unlevered Beta (1+(1-0.35)(0.35))

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Financial Management: Counts accounting has a beta of 140 the tax rate is 35 and
Reference No:- TGS01107049

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