What is lauryns asset beta

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Reference no: EM131515104

You are going to value Lauryn’s Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.6, a debt-to-equity ratio of .3, and a tax rate of 30 percent. Based on this information, what is Lauryn’s asset beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM131515104

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