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。

选择题
单项选择题