标题:
unlevered Beta?
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作者:
svgleeson
时间:
2011-7-11 20:08
标题:
unlevered Beta?
Formula is B (unlevered) = (1/(1+D/E)) x B (levered)
That's same as B (unlevered) = E/(D+E) x B (levered)
So, if I see D/E = 30/70, then B (unlevered) = 0.70 x B (levered)
Who needs to memorize formulas for the exam!
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