Question Brighton plc is an undiversified and ungeared company operating in the cardboard packaging industry. The Beta coefficient of its ordinary shares is 1.03. It now contemplates diversification into making plastic containers. After evaluation of the proposed investment, it considers that the expected cash flows can be described by the following probability distribution: a prop Question Brighton plc is an undiversified and ungeared company operating in the cardboard packaging industry. The Beta coefficient of its ordinary shares is 1.03. It now contemplates diversification into making plastic containers. After evaluation of the proposed investment, it considers that the expected cash flows can be described by the following probability distribution: a prop