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Business, 25.06.2020 05:01 mckadams02

Tar Heel Corp has an equity beta of 1.1, and finances the business with 25% debt. Wolfpack Enterprises has an equity beta of 1.7, and finances their business with 40% equity. Tax rate for both firms is 30%. Which firm has the lower operational risk, and why

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Tar Heel Corp has an equity beta of 1.1, and finances the business with 25% debt. Wolfpack Enterpris...
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