Rad has 91618 million shares outstanding today trading at, Financial Management

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Rad has 91618 million shares outstanding today trading at

RAD has 916.18 million shares outstanding today, trading at $6.67 per share. Assuming that the book value of debt on its books, which is $5.904 billion, is equal to market value (of debt), estimate the bottom-up levered beta for RAD. The firm has a marginal tax rate of 40%.

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