Hello all, I was wondering what is the difference between the 2 beta equity equations and in what situations would each one be used? ..Thanks
Be=(Ba(1+(1-tax))target D/E) / (1-Target D/E )
Be=Ba(E+D(1-Tax))/E - (BdD(1-Tax)/E)
| +149 | Restructuring: Anti-climactic Experience | 39 | 1h |
| +111 | IB Net Worth / Savings Check | 51 | 23h |
| +107 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 16 | 4h |
| +100 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 25 | 21h |
| +79 | Stop sleeping on UBS - it’s pretty good | 28 | 2d |
| +56 | 2026 VAULT PRESTIGE RANKINGS | 30 | 20h |
| +39 | AI + Financial Modelling | 12 | 2d |
| +34 | Hardest interview experiences? | 20 | 17h |
| +28 | Summer before college | 21 | 3h |
| +26 | Current State of UBS in North America | 8 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Voluptates magni porro est. Aliquid esse est explicabo sed. Minima temporibus autem deserunt atque. Eum maiores iure perspiciatis a quae inventore voluptatibus.
Illo molestias perferendis temporibus sed. Eos animi tempora rerum autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...