Schweser Note 3 page 297, question 11.
Do we need to adjust beta for private company? (unlever the public company beta and then relever for private company).
The answer does not include the adjustment. Why is it not needed?
Schweser Note 3 page 297, question 11.
Do we need to adjust beta for private company? (unlever the public company beta and then relever for private company).
The answer does not include the adjustment. Why is it not needed?