Question: Inc. which currently has a capital structure that is 40% debt and 60% equity has an asset beta of 1.55 what is the firm's equity

Inc. which currently has a capital structure that is 40% debt and 60% equity has an asset beta of 1.55 what is the firm's equity beta? ignore taxes a) 2.583 b) .930 c)1.352 d) 3.875 e)4.079

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