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Consider the following airline industry data from mid-2020: a. Use the estimates in the table below to estimate the debt beta for each firm (use

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Consider the following airline industry data from mid-2020: a. Use the estimates in the table below 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

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