Question: IBM's equity beta is 0.65 and its debt beta is 0.29 . If IBM has $16.3 of equity and $8.6 of debt, IBM's asset beta

IBM's equity beta is 0.65 and its debt beta is 0.29

IBM's equity beta is 0.65 and its debt beta is 0.29 . If IBM has $16.3 of equity and $8.6 of debt, IBM's asset beta is ? Instruction: Round to two decimal places. E.g. if your answer is .756, you should type .76, neither .756, nor .8. Otherwise, Blackboard will treat it as a wrong

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