Use the Information for the Question(s)below

question 94

Multiple Choice

Use the information for the question(s) below.
Luther Industries has no debt,a total equity capitalization of $20 billion,and a beta of 1.8.Included in Luther's assets are $4 billion in cash and risk-free securities.
-Considering the fact that Luther's Cash is risk-free,Luther's unlevered beta is closest to:

• A)1.90.
• B)2.25.
• C)1.50.
• D)1.45.

---

Definitions:

Price Per Share

The amount of money that buying one share of a company's stock will cost.

Social Media Users

Individuals who use online platforms and websites to create, share, or exchange information, ideas, pictures/videos, and develop social networks.

Clickbait

Digital material created to draw attention and prompt users to click on a link, frequently utilizing exaggerated or deceptive titles.

News Organizations

Entities, either corporate or nonprofit, that produce and distribute news content to the public via newspapers, TV, radio, or online platforms.