You are valuing a firm that has a debt to equity ratio of


The industry average unlevered beta is 0.66. You are valuing a firm that has a debt to equity ratio of 0.3 and a marginal tax rate of 0.36. What is the levered beta for this firm?

(Answer should be to 2 decimal places, 1.32)

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Financial Management: You are valuing a firm that has a debt to equity ratio of
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