Determine beta for your firm

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Question - You are valuing Tech firm. To assist with your calculation, an analyst provides you with the following information: The Tech firm has a debt-to-equity ratio of 80% and a marginal tax rate of 25%, while similar public firms in the same industry have an average debt-to-equity ratio of 100%, an average equity Beta of 1.3,  and an average marginal tax rate of 30%. Use the above information to determine beta for your firm.

Reference no: EM133038059

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