Unlevered Beta = Levered Beta / (1 + ((1 – Tax Rate) x (Debt/Equity)))
Levered Beta = Unlevered Beta x (1 + ((1 – Tax Rate) x (Debt/Equity)))
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Unlevered Beta = Levered Beta / (1 + ((1 – Tax Rate) x (Debt/Equity)))
Levered Beta = Unlevered Beta x (1 + ((1 – Tax Rate) x (Debt/Equity)))