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

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You are going to value lauryns doll co using the fcf model

You are going to value Lauryn’s Doll Co. using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity beta of 1.7, a debt-to-equity ratio of 0.3, and a tax rate of 40 percent. Based on this information, what is the asset beta for Lauryn’s? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: You are going to value lauryns doll co using the fcf model

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