Question: D Question 25 3 pts Macrosoft Corp is planning to issue debt and use the proceeds to repurchase stocks. This is expected to increase its

D Question 25 3 pts Macrosoft Corp is planning to issue

D Question 25 3 pts Macrosoft Corp is planning to issue debt and use the proceeds to repurchase stocks. This is expected to increase its debt to equity ratio from 50% to 90%. Its beta is currently 1.2 and the tax bracket is 21%. What will be its beta after the restructuring of the balance sheet? Show all work. Edit View Insert Format Tools Table 12pt Paragraph B

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