Firm ABC has a debt$-$to$-$equity ratio of $\mathrm{.}55$ and a new product line needs financing of $$45M$ of debt and $$65M$ of equity. Other equity and asset betas of firms in wimilar lines of bersineses ane bnown. Which of the following statements for calculating the equity beta for the new product line is most accurate?

using the current debt$-$to$-$equity ratio of $55$ is meveopilate

Ine of $\mathrm{.}69$ is appropiate

using the new debt$-$to$-$equity ratio of the from thut mould resalt from the addilional $545$ M debt and $565$ M equity is appropriate

No answer text provided.