Astromet is financed entirely by common stock and has a beta of


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Jun 21, 2014. Astromet is financed entirely by common stock and has a beta of 2.00. The firm pays no taxes. The stock has a price-earnings multiple of 11.0 and is priced to offer a 10.1% expected return. The company decides to repurchase half the common stock and substitute an equal value of debt. j_davis2000
posted a question ยท Jun 19, 2014 at 9:36pm

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