Hartman motors has 8 million in assets which were financed, Ask an Expert

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Hartman Motors has $8 million in assets, which were financed with $4 million of debt and $4 million in equity. Hartman's beta is currently 0.65, and its tax rate is 40%. Use the Hamada equation to find Hartman's unlevered beta, bU. Do not round intermediate calculations. Round your answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
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