Unlevered beta of ang enterprises


Ang Enterprises has a levered beta of 1.10, its capital structure consists of 40% debt and 60% equity, and its tax rate is 40%. What would Ang's beta be if it used no debt, i.e., what is its unlevered beta?

0.64
0.67
0.71
0.75
0.79

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Finance Basics: Unlevered beta of ang enterprises
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