Question: You are going to value ABC Co. using the FCF model. After consulting various sources, you find that ABC has a reported equity beta of

You are going to value ABC Co. using the FCF model. After consulting various sources, you find that ABC has a reported equity beta of 1.3, a debt-to-equity ratio of 0.39, and a tax rate of 28 percent. Based on this information, what is ABC's asset beta? Answer to two decimals.

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