I have a small thing to ask about anatra asset beta is 0.68 When taking combined asset beta they take whole of 0.68 and multiply with anatra equity When I was solving I was breaking it 0.68 for medical r&d and equipment .as I considered it to b the total anatra business risk and since one component is unbundled and only medical is absorbed for cigno ….there in qs it said anatra co asset beta is 0.68
The question says that the asset beta will be the weighted average of the two asset betas – it makes no mention of the betas changing because of the unbundling. (Also, there is not enough informations to do what you are suggesting)