Given the effect operating leverage and financial leverage have on the beta of a business/institution, which of these would you say has the highest beta? (You may have to do a quick Google search if you're unfamiliar with some of these institutions). Justify your answer. Although there is one 'more correct' answer, here you have enough room to defend your view.

a.

West Point Academy

b.

DePaul University

c.

Amherst College

d.

Harvard University

not Harvard btw