Assume Pelican Corp has a current Beta is 0.65 and no debt. Management wants to increase...
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Assume Pelican Corp has a current Beta is 0.65 and no debt. Management wants to increase their debt load which will result in a debt/equity ratio of 0.20 Given this change, what is the new, estimated, Beta of the firm given this added leverage if the firm's tax rate is 34%? Multiple Choice O 0.74 112 0.78 Assume Pelican Corp has a current Beta is 0.65 and no debt. Management wants to increase their debt load which will result in a debt/equity ratio of 0.20 Given this change, what is the new, estimated, Beta of the firm given this added leverage if the firm's tax rate is 34%? Multiple Choice O 0.74 112 0.78
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Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
Posted Date:
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