Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company's be have obtained the following equity betas for publicly traded firms that also manufacture home appliances. Firm iRobot Middleby's National Presto Newell Brands Whirlpool Beta 0.89 1.84 0.09 1.04 1.74 Asset beta Debt $0 747 0 11,918 4,495 ($ millions) Market Value of Equity $ 2,990 7,410 794 26,270 13,910 a. Estimate an asset beta for Sinaloa Appliance. Note: Round intermediate calculations and final answer to 3 decimal places.

Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company's be have obtained the following equity betas for publicly traded firms that also manufacture home appliances. Firm iRobot Middleby's National Presto Newell Brands Whirlpool Beta 0.89 1.84 0.09 1.04 1.74 Asset beta Debt $0 747 0 11,918 4,495 ($ millions) Market Value of Equity $ 2,990 7,410 794 26,270 13,910 a. Estimate an asset beta for Sinaloa Appliance. Note: Round intermediate calculations and final answer to 3 decimal places.

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

ChapterC2: Spatial Technology, Inc.

Section: Chapter Questions

Problem kA

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