As part of Esterline part B, the Eaton Corporation has been identified as a direct competitor with the Avionics and Controls division at Esterline. For this question I want you to answer some questions about how to calculate the discount rate that would be appropriate to use for the typical cash flows in the Avionics and Controls division. Would it be appropriate to use Esterline's overall WACC as the discount rate in the Avionics and Controls division? [ Select ] Does Esterline's equity beta, calculated using a regression involving Esterline's historical returns, accurately measure the systematic risk in the Avionics and Control division? What is your best estimate of the asset beta in the Avionics and Control division?