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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1249 |
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34% was used as the tax rate as this was the highest corporate tax bracket at the time. By using the CAPM model, we plug in the equity betas for Marriott and its competitors to find their return on equity.
Using the above assumptions, we then calculate the percentage of debt over equity in order to understand how levered Marriott’s competitors are...
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34% was used as the tax rate as this was the highest corporate tax bracket at the time. By using the CAPM model, we plug in the equity betas for Marriott and its competitors to find their return on equity.
Using the above assumptions, we then calculate the percentage of debt over equity in order to understand how levered Marriott’s competitors are...
Essay fragment
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