Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ezcube corp. is 45% financed with long-term bonds

EZCUBE Corp. is 45% financed with long-term bonds and 55% with common equity. The debt...

70.2K

Verified Solution

Question

Accounting

image
EZCUBE Corp. is 45% financed with long-term bonds and 55% with common equity. The debt securities have a beta of 0.29. The company's equity beta is 1.11. What is EZCUBE's asset beto? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annet

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

structionsOld School Publishing Inc. began printing operations on January1. Jobs 301 and 302 were...structionsOld...

Accounting
Q

Someone witnesses a crime involving a taxi. The witness tells the police that the taxi was...

Statistics
Q

1. Which of the following processes have a Q value at equilibrium which increases as the...

Chemistry
Q

You have to design a novel CPV( Concentrated photovoltaic system) system,which has three level of optical elements(or...

Electrical Engineering
Q

Form an ethical position on the decision of the managers of Plainfield Healthcare Center to honor...

General Management
Q

All of these sentences include commonly confused homophones. Which sentence is correct? a) It is...

Biology
Q

Chapter 9 There is a misconception that centerlines or the tolerance block control the location...

Basic Math
Q

The total amount paid on a 5 year loan was $16,000. If the interest rate...

Basic Math
Q

7 0 1 Points A graphing calculator is recommended a Find the vertical asymptotes of...

Calculus
Q

0 Alejandro drew two parallel lines cut by a transversal He measured two of the...

Algebra
Q

The difference between actual costing and normal costing is Question 23 options:...

Accounting
Q

A company acquired a truck for $79,000 at the beginning of the fiscal year. It...

Accounting