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The following information about the beta of a sector are as follow : Calcul...

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The following information about the beta of a sector are as follow :

Levered beta for a sector	1.4
Average D/E in the sector	1.25
tax rate	25%
Average degree of operating leverage	0.8

Calculate the pure business beta of this sector! (answer in decimals, round to three digits after a decimal. Example : 0.123))

1.507

0.723

100%

0.401

0.28

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