Question: Please show work and equations (no Excel) please You are tasked to see how debt financing impacts equity required return for SBC Inc. The unlevered

Please show work and equations (no Excel) please

You are tasked to see how debt financing impacts equity required return for SBC Inc. The unlevered Beta is 0.90 and tax rate is 25%. The market value of the firm is $400,000,000, while debt is $150,000,000 with equity being the remainder.

A. Find the D/E ratio

B. Find the levered Beta for SBC.

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