Question: Please do fast!! I will rate you good for sure!! Please send me typed answer!! suppose Bravo Industry is contemplating investing in a new business.
Please do fast!! I will rate you good for sure!! Please send me typed answer!!

suppose Bravo Industry is contemplating investing in a new business. An existing company in the target industry has an equity beta of 0.90 but is very conservatively financed with a market value, equity to-value ratio 95%. Bravo intends to use an equity-tovalue ratio of 30%. What beta should Bravo use in estimating a cost of capital in the new business
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