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Business, 16.12.2019 21:31 sweetyus06
Galt industries has no debt, total equity capitalization of $600 million, and an equity beta of 1.2. included in galt's assets is $90 million in cash and risk-free securities. assume the risk-free rate is 4% and the market risk premium is 6%.galt's asset beta (ie the beta of its operating assets) is closest to: a) 1.1b) 1.2c) 1.3d) 1.4
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Galt industries has no debt, total equity capitalization of $600 million, and an equity beta of 1.2....
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