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9. Use the information for the question(s) below. You are evaluating a new project and need an estimate for your project's beta. You have identified

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9. Use the information for the question(s) below. You are evaluating a new project and need an estimate for your project's beta. You have identified the following information about three firms with comparable projects: Firm Name Equity Beta Debt Beta Facebook 1.25 0.5 Apple 1.6 0.2 Ebay 2.3 0.3 Debt to Equity Ratio 0.25 1 1.5 Based upon the three comparable firms, what asset beta would you recommend using for your firm's new project? (15)

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