medium · Investment Banking

Titan Energy is being valued using a DCF. Its peer group has a median Unlevered Beta of 0.96.

If Titan's target Debt-to-Equity (D/E) ratio is 0.40 and its tax rate is 30%, what is its Re-levered Beta?

  1. 1.10
  2. 1.23
  3. 0.75
  4. 1.34

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