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Consider the following airline industry data from mid-2009. a. Use the estimates in table to estimate the debt beta for each firm (use an average

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Consider the following airline industry data from mid-2009. a. Use the estimates in table to estimate the debt beta for each firm (use an average if multiple ratings are listed). b. Estimate the asset beta for each firm. c. What is the average asset beta for the industry, based on these firms? The beta of the debt for each company is: (Round to three decimal places.)

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