You collected the below information from Yahoo Finance about firms in the Home Appliance industry to estimate the beta of National Presto Industries (NPO which currently has a debt to equity ratio (market values) of 25 subiect to a tax rote of 40 and is reported beta on Yahoo finance is 1.64. However, you believe you will have a better estimate of the beta for NPK if you estimate the levered beta from similor firms in the market Firm Debt MV of Equity 2200 5500 Black & Decker 8 Fedders Co. 2250 Maytag Co. 300 National Presto 4000 Whirlpool Is NPK beta estimated from similar firms equal to the beta estimated by regressing past returns of NPK stock on the returns of the market? No, because NPK has entered into the electrical industrial equipment just last year No. because interest on debt is tax deductible and NPK uses significant level of debt No, because NPK is operating in a unstable industry Yes, because all the division betas are the levered betas of similar firms No, because NPK is a multi-division form rather than focused in one industry