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One of the companies, Empresas Tempestad, is non-US domiciled. Another company, Codex Corporation, is much smaller than the others and has negative debt. In your

One of the companies, Empresas Tempestad, is non-US domiciled. Another company, Codex Corporation, is much smaller than the others and has negative debt. In your Asset Beta calculations, did you include these companies or exclude them as outliers? The Board of Directors will want to understand your reasoning, so please explain how you approached this and whyimage text in transcribed

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