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What are the formulas for unlevering and levering Beta?

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

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

Author AndrewPosted on October 29, 2007October 6, 2009Categories Discounted Cash Flow Analysis

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