Answer:
0.9811
Step-by-step explanation:
Hartman Motors' data:
Debt (D) = $6 million
Equity (E) = $12 million
Tax rate (T) = 0.35
Levered beta (βL) = 1.3
According to the Hamada equation:
![\beta_L =\beta_U[1+(1-T)\frac{D}{E}]](https://tex.z-dn.net/?f=%5Cbeta_L%20%3D%5Cbeta_U%5B1%2B%281-T%29%5Cfrac%7BD%7D%7BE%7D%5D)
Applying the given data:
![1.3 =\beta_U[1+(1-0.35)\frac{6}{12}]\\\beta_U=0.9811](https://tex.z-dn.net/?f=1.3%20%3D%5Cbeta_U%5B1%2B%281-0.35%29%5Cfrac%7B6%7D%7B12%7D%5D%5C%5C%5Cbeta_U%3D0.9811)
Hartman’s unlevered beta is 0.9811.
From the information we have, we can conclude that this quadrilateral is a rectangle. The reason behind this is because rectangles have two sets of parallel sides, which makes them different from squares.
-TetraFish
F( g( f(x) ) ) = f( g( 2x+1 ) )
= f( 2x+1 -3 )
= f( 2x-2 )
= 2(2x-2) +1
= 4x -4 + 1
= 4x -3
Answer:
x = 5
Step-by-step explanation:
-3x-8+6x = 7
You can separate the unlike terms by bringing -8 to the right side of the equation first. (-8) will turn into (+8) when it shifts over.
-3x+6x = 7+8
Calculate like terms.
3x = 15
Find x.
x = 15 ÷ 3
= 5