In an all-equity firm, a firm's asset beta equals its equity beta. In this video, I explain how that relationship changes when assets are funded with both debt and equity. For the sake of simplicity, I assume a world with no corporate taxes.
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My name is Atif Ikram. I am a Clinical Professor of Finance at Arizona State University, where I teach courses in Corporate Finance, Personal Finance, Real Estate Finance and Investments (wpcarey.asu.ed....
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