You are going to value laurynrsquos doll co using the fcf, Financial Management

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You are going to value laurynrsquos doll co using the fcf

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 1.4, a debt-to-equity ratio of 0.4, and a tax rate of 40 percent. Based on this information, what is Lauryn’s asset beta? (Round your answer to 2 decimal places.)

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