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okmacca

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  • December 3, 2017 at 5:30 pm #419983
    mysteryokmacca
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    From question 1’s answer

    Asset beta of travel services = [0·94 – (0·65 x 30%)]/70% = 1·06

    why multiple by 30%? and why divide by 70%?

    Please help to explain, thank you!

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