Ang Enterprises has a levered beta of 1, its capital structure consists of 40% debt...
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Finance
Ang Enterprises has a levered beta of 1, its capital structure consists of 40% debt and 60% equity, and its tax rate is 40%. Use the Hamada equation to determine what Angs beta would be if it used no debt, i.e., what is its unlevered beta?
Enter your answer rounded to 2 decimal places, and do not enter any symbols such as $, % or commas.
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