Use the hamada equation to find harley unlevered beta

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Harley Motors has $13 million in assets, which were financed with $6.5 million of debt and $6.5 million in equity. Harley's beta is currently 1.45 and its tax rate is 30%. Use the Hamada equation to find Harley's unlevered beta, bU. Round your answer to two decimal places.

Reference no: EM13290707

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