Slippery Slope Roof Contracting has an equity beta of 1.2, capital structure with 2/3 debt, and a zero tax rate. What is their asset beta?
A) 1.8
B) .40
C) .72
D) 1.2

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The Answer of Slippery Slope Roof Contracting has an equity beta of 1.2, capital structure with 2/3 debt, and a zero tax rate. What is their asset beta?
A) 1.8
B) .40
C) .72
D) 1.2

Slippery Slope Roof Contracting Has an Equity Beta of 1