From Exhibit 10,Boeing Rev from Defense (Wdefense) = 0.46Boeing Rev from Commercial Sales (Wcommercial) = 0.54
βBoeing= βcommercial Wcommercial + βdefenseWdefense
1.21
= βcommercial 0.54+0.250.46
βasset commercial =1.095/0.54= 2.03
βequity commercial =2.031+(1
-0.35)0.525=2.72