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Equity Beta = Levered Beta Beta Unlevered = equity beta * market capitalization /(market capitalization + (1- tax rate) * debt why is equity beta multiplied by market capitalization in this formula ?

/in /by

Equity Beta = Levered Beta 
Beta Unlevered = equity beta * market capitalization /(market

capitalization + (1- tax rate) * debt 

why is equity beta multiplied by market capitalization in this formula ? 

 
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