What are the benefits of using an industry beta instead of a company beta when undertaking a

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What are the benefits of using an industry beta instead of a company beta when undertaking a capital budgeting analysis? Explain, using an example.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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