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Gabella Instruments currently makes high - quality string instruments such as violins and guitars. The company wants to expand by also producing woodwinds such as

Gabella Instruments currently makes high-quality string instruments such as violins and guitars. The company wants to expand by also producing woodwinds such as clarinets and saxophones. If the company wants to estimate the beta for this project, it should
Select answer from the options below
use the same beta that was used for the string instruments project.
try to find a pure-play comparable.
use the beta of a company that makes percussion instruments such as drums.
try to find a company with a similar WACC.

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