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If a firm is 100% equity-financed, then the asset beta will be less than the market beta of the equity the asset beta will be

If a firm is 100% equity-financed, then

the asset beta will be less than the market beta of the equity

the asset beta will be greater than the market beta of the equity

the asset beta will equal the market beta of the equity

the asset beta will be greater than it would have if the firm had used debt financing

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