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Cranston Cranks Inc

Question 43

Multiple Choice

Cranston Cranks Inc.is a manufacturer of high quality bicycle components.The firm's levered beta is equal to 1.20.When added to a well-diversified portfolio that matches the market beta,the firm would ________ the portfolio beta.


A) increase
B) decrease
C) not affect
D) There is insufficient information to answer this question.

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