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

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Finance

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

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