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Hello,
I hope someone can help me as I’m really struggling.
In question mercury training where did apportionment (0.67 and 0.33) come from when calculating the average asset beta for mercury?
Ba = (0.67 x 1.3865) + (0.33 x 0.75) = 1.175
Many thanks in advance
It is because of the last line of the second paragraph of the question – ‘the business now accounts for one third of the company’s total revenue’.
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