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Hi Tutor ,
The asset beta for implex is 0.757 , since both companies are in same business the asset betas are same .
Therefore Keu = 6+4*.757 = 9.028 but in the solution it is 9.18 ? is my calculation wrong or is it a typo on the solution ?Regards,
RMRThanks a lot :)) . You have been really helpful in answering all my silly doubts .
I just hope I pass :)).Regards,
RMR
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