The asset (unlevered) beta calculator,
using equity & debt betas, leverage, & taxe rate
Finding the Unlevered Asset Beta Example
Load your numbers for the inital levered case.
From a comparable firm or the current levered firm.
bS = the comparable's lever
We examine two important stories for the benefit
and cost tradeoffs from using debt. Later we will
examine more stories
A.Tax shields and bankruptcy cost
B.Agency costs of debt and equity
COGS and S