If a company has a beta of 1.65 and is considering a high-risk project outside its normal
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- If a company has a beta of 1.65 and is considering a high-risk project outside its normal course of business with a beta of 1.9, what beta should the company use in evaluating the new project? The 1.65 or the 1.9? Why?
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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