Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the...

Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the company’s beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances. ($ millions) Firm Beta Debt Market Value of Equity iRobot 0.93 $0 $ 3,190 Middleby's 1.88 759 7,490 National Presto 0.13 0 838 Newell Brands 1.08 11,938 26,670 Whirlpool 1.78 4,515 14,190

a. Estimate an asset beta for Sinaloa Appliance.

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Sinaloa Appliance, Inc., a private firm that manufactures homeappliances, has hired you to estimate the...

Sinaloa Appliance, Inc., a private firm that manufactures home appliances, has hired you to estimate the company’s beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances.($ millions)FirmBetaDebtMarket Value of EquityiRobot0.87$0$2890Middleby's1.827417,370National Presto0.070772Newell Brands1.0211,90826,070Whirlpool1.724,48513,770a. Estimate an asset beta for Sinaloa Appliance.

5. You are estimating the beta for a private firm that manufactures home appliances. You have...

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