Answers
Unlevered beta = levered beta / (1 + (1 - tax rate) * (debt / equity))
The company is financed with 40% debt. Therefore the remaining 60% is equity.
Unlevered beta = 0.75 / (1 + (1 - 30%) * (40% / 60%))
Unlevered beta = 0.5114.
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