fairly priced as a businessCorona Inc. is a US company that operates in three businesses. You have b

fairly priced as a businessCorona Inc. is a US company that operates in three businesses. You have been provided with the information on how much the companygenerates in revenues in each business and industry averages for each business. Industry Averages RevenuesBusiness _ _ _ Enterprise ValuelSales Unlevered Beta{in US$ millions)Steel ‘5 800.00 0.75 0.90Technology $ 400.00 2.50 1.20Retail $ 500.00 0.80 0.80 If Corona is @Lpnced as a business, given how the rest of the industry is trading at, and it has $500 million in debt outstanding, estimatethe levered beta for the company. (Tax rate =30%)

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