About the unlevered beta

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Unlevered beta

Harley Motors has $17 million in assets, which were financed with $3.4 million of debt and $13.6 million in equity. Harley's beta is currently 1.85 and its tax rate is 35%. Use the Hamada equation to find Harley's unlevered beta, bU. Round your answer to two decimal places.

Reference no: EM131074598

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