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3. Westfield Inc. Westfield has two divisions. The food division has an asset beta of .50, expects to generate free cash flow of $40 million

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3. Westfield Inc. Westfield has two divisions. The food division has an asset beta of .50, expects to generate free cash flow of $40 million this coming year, and anticipates a long-run growth rate of 1.5%. The toy division has an asset beta of 80, expects to generate free cash flow of $50 million this coming year, and expects a long-run growth rate of 2%. The risk-free rate of return is 3% and the expected return on the market portfolio is 10%. Estimate the value of each division

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