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10. Quick-Link has debt outstanding whose market value is $200 million, and equity outstanding with a market value of $800 million. Quick-Link is in the 34% tax bracket. Merrill Lynch has provided an equity beta of 1.50. Given a risk free rate of 3% and an expected market return of 12%. What will be the beta of Quick-Link equity (closest to), if it was entirely financed with equity?
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