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Hartman Motors has $12 million in assets, which were financed with $6 million of debt...

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Finance

Hartman Motors has $12 million in assets, which were financed with $6 million of debt and $6 million in equity. Hartman's beta is currently 1, and its tax rate is 30%. 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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