Beta and Capital Budgeting

Part 1: Beta Visit the following web site or other websites: Yahoo Finance 1. Search for the beta of ADT inc. 2. In addition, find the beta of 3 different companies within the same industry as ADT inc. 3. Explain to your classmates what beta means and how it can be used for managerial and/or investment decision 4. Why do you think the beta of ADT inc and those of the 3 companies you found are different from each other? Provide as much information as you can and be specific.