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The equity beta of a firm depends on which of the following? I. The firm's business risk. II. The firm's financial policy. III. The firm's

The equity beta of a firm depends on which of the following? I. The firm's business risk. II. The firm's financial policy. III. The firm's advertising policy.

A) I and II only B) III only C) I and III only D) II and III only E) I, II, and III

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