问题
单项选择题
An analyst does research about beta and gathers the following information about a capital investment project with 30% debt financing and 70% equity financing.
The marginal tax rate is 35%. If the unlevered beta of a comparable company is 1.50, the levered beta for the project is closest to:()
A. 1.08
B. 1.92
C. 3.78
答案
参考答案:B
解析:
levered beta=unlevered beta×[1+(1-taxrate)×(debt/equity)],代入数据如下:1.50×[1+(1-35%)×(0. 3/0.7)]=1.92。