Hartman Motors has $18 million in assets, which were financed with $6 million of debt and $12
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Hartman Motors has $18 million in assets, which were financed with $6 million of debt and $12 million in equity. Hartman’s beta is currently 1.3, and its tax rate is 35%. Use the Hamada equation to find Hartman’s unlevered beta, bU.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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