Generating an equity beta from comparables. Based on the information below: a. Compute an asset beta for each of the companies assuming their business requires b. Explain in words the relationship between the equity betas and the assets beta you c. Generate an estimate for the equity beta of a company that plans to have debt- Cash and Equivalents at 5% of revenues and any excess cash will be paid out to shareholders. have computed. equity ratio of 1/3, based on these comparables. Equity quity Market Book Cash and Debt RevenuesBeta Value Value 2.638 889 201 122 675 1.10 0.95 1.30 0.60 212 584 C 6.2283.069 1.200 1.000 0 301 120 1.829 2,563 8,827 160 800