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A firm is expecting its revenues to become more cyclical. Which of the following is likely to happen as a result? The firm's asset beta

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A firm is expecting its revenues to become more cyclical. Which of the following is likely to happen as a result? The firm's asset beta and equity beta will both fall The firm's asset beta will go up but equity beta will remain unchanged The firm's equity beta will go up but its asset beta will remain unchanged The firm's asset beta and equity beta will both go up The firm's equity beta will go up but its asset beta will fall

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