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Eckerd Inc. has $1,050,000 in assets that were financed using $625,000 in equity and $425,000...

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Finance

Eckerd Inc. has $1,050,000 in assets that were financed using $625,000 in equity and $425,000 in debt. The company's beta is 1.45 and its tax rate is 35%. Using the Hamada equation, what is its unlevered beta, bu?

0.83

0.90

1.01

1.15

1.23

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