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What types of firms need to estimate industry asset betas? How would such a firm make the estimate? Describe the process step by step. a. What types

What types of firms need to estimate industry asset betas? How would such a firm make the estimate? Describe the process step by step.
a. What types of firms need to estimate industry asset betas?
b. How would such a firm make the estimate? Describe the process step by step.

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1 Industry asset beta shows the risk involved in the projects. Individual projects are less
sensitive to the overall market. Market risk of project can be increased due to the
operating...

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