Microsoft Word MID Test N01 docx MID TERM TEST No 01 SUBJECT CORPORATE PRICING SEMESTER 2, 2021 2022 Duration 90 minutes E1 (1 mark) Utilitarian Co is looking to expand its appliances division It currently has a beta of 0 9, a DE ratio of 2 5, a marginal tax rate of 30%, and its debt is currently yielding 7% JF Black, Inc is a publicly traded appliance firm with a beta of 0 7, a DE ratio of 3, a marginal tax rate of 40%, and its debt is currently yielding 6 8% The risk free rate is currently 5.