What is TRUE about Beta \\( (\\beta) \\) ? When Beta of a firm increases, its cost of capital may increase When the risk of a company increases, its beta may decrease Beta of a firm stays the same over the life of the firm Firms in the high growth areas (e.g., technology) have lower betas Question 11 What is CORRECT about Beta? Beta of an average company is zero Unlevered beta is higher than its levered beta Financial risk = levered beta minus unlevered beta Levered beta means financial risk