Assume LK Metals is similar to its industry with one exception, it has low fixed costs relative to all other firms in that industry. Given this, you should expect LK Metals:

A.) a higher beta than the industry or the firms within that industry.

B.) the same beta as the industry but a lower beta than the other firms in the industry.

C.) the same beta as the industry but a higher beta than the other firms in the industry.

D.) a higher beta than its industry.

E.) to have a lower beta than its industry.