Question: What is the logic behind using asset betas in using industry comparable firms to estimate target firm's beta?

What is the logic behind using asset betas in using industry comparable firms to estimate target firm's beta?

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Answer Using asset betas when estimating a target firms beta from industry comparable firms makes sense because it helps to isolate the business risk ... View full answer

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What is the logic behind using asset betas in using industry comparable firms to estimate target firms beta?

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