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Firms a and B Are Identical Except for Their Capital

Question 32

Multiple Choice

Firms A and B are identical except for their capital structures.Firm A is an all-equity firm while Firm B is levered.Given this,you can assume that Firm B's equity beta will be ______ Firm A's beta and its debt beta will be:


A) greater than;equal to zero.
B) greater than;equal to one.
C) equal to;equal to the market beta.
D) less than: equal to zero.
E) less than;equal to one.

Correct Answer:

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