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Which of the following is not true of beta? a. Levered beta is always bigger than unlevered beta for the same company. b.Unlevered beta measures

Which of the following is not true of beta? a. Levered beta is always bigger than unlevered beta for the same company. b.Unlevered beta measures business risk only. c. Levered beta measures financial risk only. d.A firms beta increases with financial leverage.

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