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Please explain 1. Haitham ING is considering an investment in IT, which is outside their current business activities. To estimate the cost of eqully they

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1. Haitham ING is considering an investment in IT, which is outside their current business activities. To estimate the cost of eqully they consider a pure play approach by identifying a public company that is exclusively involved in IT. The ABC firm. The relevant information is. HAITHAM ABC Beta 1.7 1.3 Equity/Assets 6096 30% Tax rate 0% 0% What is the Bela Should HAITHAM Inc use for the IT project

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