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Explain why the use of debt by a firm necessitates an estimate of the cost of equity andthe cost of debt andwhythe beta of a

Explain why the use of debt by a firm necessitates an estimate of thecost of equityandthecost of debtandwhythebetaof a company is a function of a number of factors; identify the most important three factors (either based on your opinion, the text, or other research) inpriority order(Highest to lowest priority) from your perspective.Explain your rationaleforprioritization.

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