A company has an equity beta of 1.30 and is financed by 25 per cent debt and
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A company has an equity beta of 1.30 and is financed by 25 per cent debt and 75 per cent equity. What will be the company’s new equity beta if it changes its financing to 33 per cent debt and 67 per cent equity? Assume corporation tax is 19 per cent.
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Related Book For
Corporate Finance Principles And Practice
ISBN: 9781292450940
9th Edition
Authors: Denzil Watson, Antony Head
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