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Use the Following Information to Answer the Question(s)below

Question 67

Multiple Choice

Use the following information to answer the question(s) below.
Consider the following information regarding corporate bonds: Use the following information to answer the question(s) below. Consider the following information regarding corporate bonds: -Trucks R' Us has a market capitalization of $142 billion,$78 billion in BB rated debt,and $10 billion in cash.If Trucks R' Us' equity beta is 1.68,then their underlying asset beta is closest to: A) 1.00 B) 1.20 C) 1.32 D) 1.48
-Trucks R' Us has a market capitalization of $142 billion,$78 billion in BB rated debt,and $10 billion in cash.If Trucks R' Us' equity beta is 1.68,then their underlying asset beta is closest to:


A) 1.00
B) 1.20
C) 1.32
D) 1.48

Correct Answer:

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