Question: Question 24 10 points Save Answer El Capitan Foods has a capital structure of 37% debt and 63% equity, its tax rate is 3%, and
Question 24 10 points Save Answer El Capitan Foods has a capital structure of 37% debt and 63% equity, its tax rate is 3%, and its beta (leveraged) is 1.35. Based on the Hamada equation, what would the firm's beta be if it used no debt, i.e. what is its unlevered beta, bu? O 0.80 b.1.19 01.07 d. 0.70 0.98
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