Question: Consider this case: Globex Corp. has a capital structure that consists of 35% debt and 65% equity. The firm's current beta is 1.15 , but

Consider this case: Globex Corp. has a capital structure that consists of 35% debt and 65% equity. The firm's current beta is 1.15 , but management wants to understand Globex Corp.'s market risk without the effect of leverage. If Globex Corp. has a 35% tax rate, what is its unlevered beta? 0.77 0.89 0.85 1.02

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