Kelso's is valued at $5.8 million.Has riskless debt of $2.3 million outstanding, and has an equity beta

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Kelso's is valued at $5.8 million.Has riskless debt of $2.3 million outstanding, and has an equity beta of 1.81.

What is the asset beta if there are no taxes?

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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Posted Date: Jul 11, 2023 03:30 AM

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Kelso's is valued at $5.8 million.Has riskless debt of $2.3 million outstanding, and has an equity beta

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To calculate the asset beta when there are no taxes we can use the formula Asset Beta Equity B... View the full answer

Fundamentals of Corporate Finance

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