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Harrison Holdings, Inc. (HHy is publicly traded with a current share price of $40 per...

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Harrison Holdings, Inc. (HHy is publicly traded with a current share price of $40 per share Hi has 25 million shares outstanding, as well as 561 million in debt The founder of HH. Harry Harrison, made his fortune in the fast food business. He sold off part of his fast food empire, and purchased a professional hockey team HHis only assets are the hockey team together with 50% of the outstanding shares of Harry's Hotdogs restaurant chain Harry's Holdogs (HOG) has a market capitalization of $871 million and an enterprise value of $109 bilion. After a little research, you find that the average asset beta of other fast food restaurant chains 10.74 You also find that the dobl of HHI and HDG is highly rated, and so you decide to estimate the bota of both firms debt as zero Finally, you do a regression analysis on Hewltorical stock returns in comparison to the S&P 500, and estimate an equity beta of 131 Given this information, estimate the beta of HH'S investment in the hockey team ents HH's asset betale Round to two decimal places ssigni The hotdog equity beta / Round to two decimal places) sign The value of hockey team is $/million (Round to one decimal place) The bota of Hair's westment in the hockey teams 1. Round to two decimal places)

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