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Title: Luther Industries has a market capitalization of $23 billion, no debt, and $4 billion in cash. If ... Post by: Memphic on Nov 20, 2017 Luther Industries has a market capitalization of $23 billion, no debt, and $4 billion in cash. If Luther's estimated equity beta is 1.32, then the beta of Luther's underlying business enterprise is closest to:
A) 1.09 B) 1.32 C) 1.48 D) 1.60 Title: Re: Luther Industries has a market capitalization of $23 billion, no debt, and $4 billion in cash. ... Post by: EgorGruzdev on Nov 20, 2017 Content hidden
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