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- 2011-7-2
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- 2016-4-19
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asset beta or unlevered beta as i understand is the beta of the company with no debt.
beat asset = beta equity / [1+d/e(1-t)]
so why the asset beta is said to be weighted average of equity and debt beta then. it is not merely equity beta??
i am missing a link in understanding the asset and equity beta concept . can someone explain the concept to me please.
thanks |
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发表于 2011-7-11 15:28
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