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Business, 03.05.2020 14:24 priceisright11401

Hartman Motors has $19 million in assets, which were financed with $7.6 million of debt and $11.4 million in equity. Hartman's beta is currently 1.15, and its tax rate is 40%. Use the Hamada equation to find Hartman's unlevered beta, bU. Do not round intermediate calculations. Round your answer to two decimal places.

bU =

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Hartman Motors has $19 million in assets, which were financed with $7.6 million of debt and $11.4 mi...
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