You are evaluating a new project and need an estimate for your projects beta. You have identified the following information about three firms with comparable projects:

1. Calculate the unlevered beta of each firm by filling out the above table.

2. Given that you want to invest equal percentage in each firm, determine the project beta.

Please show all work. Upvotes will be given for correct answer!

%Equity %Debt Unlevered Beta Firm Name Equity Beta Debt Beta A 1.25 0 B 1.6 .2 D E .25 1 2.3 .3 1.5