Corning Inc. currently has a capital structure of 30 percent debt and 70 percent equity, but is considering a new product that will be produced and marketed by a separate division. The new division will have a capital structure of 45 percent debt and 55 percent equity. Corning has a current beta of 1.6, but is not sure what the beta for the new division will be. Ball Corporation is a firm that produces a product similar to the product