consider the following information regarding corporate bonds galt indu
Consider the following information regarding corporate bonds: Galt Industries has a market capitalization of $50 billion, $30 billion in BBB rated debt, and $8 billion in cash. If Galt's equity beta is 1.15, then Galt's underlying asset beta is closest to: А. 0.83 В. 0.92 С. 1.00 D. 1.15
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