Question: Marvel needs to calculate the levered equity beta for its new division theme parks. Marvel has $1.3B in debt and $1.9B in equity. Marvel's CFO
Marvel needs to calculate the levered equity beta for its new division theme parks. Marvel has $1.3B in debt and $1.9B in equity. Marvel's CFO has identified a pure play theme park which asset beta is 0.6789. Assuming that debt beta for Marvel and the pure play firm are zero, what is Marvel's theme park division's equity beta?
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