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Problem:

Harden industries has $969062 in assets. They are financed with $367704 of debt and the remainder is equity. The company's beta value is currently, 1.7. Its tax rate is 12.

Required:

Question: What is Harden's unleveraged beta?

Note: Show supporting computations in good form.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91167288

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