Big bass sound bbs is a thriving music business you would, Financial Management

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Big bass sound bbs is a thriving music business you would

Big Bass Sound (BBS) is a thriving music business. You would like to understand the market risk of BBS and are looking to find its Beta of the Assets. BBS' Beta of Equity is 3, the beta of debt is 0.3, and the tax rate is 32%. BBS has 169 in debt outstanding and a market value of equity of 217, what is the Beta of Assets? (Please show at least two decimal places)

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