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The beta of a firm is likely to be higher under what two conditions? A. High cyclical business activity and low financial leverage. B. Low

The beta of a firm is likely to be higher under what two conditions?

A.
High cyclical business activity and low financial leverage.
B.
Low cyclical business activity and high financial leverage.
C.
High cyclical business activity and high financial leverage.
D.
Low cyclical business activity and low financial leverage.

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