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Use the following information to answer the question(s) below. Division of Wyatt Oil Asset Beta Next Period's Expected Free Cash Flow ($mm) 1.4 1.1

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Use the following information to answer the question(s) below. Division of Wyatt Oil Asset Beta Next Period's Expected Free Cash Flow ($mm) 1.4 1.1 0.8 Oil Exploration Oil Refining Gas & Convenience Stores The risk-free rate of interest is 3% and the market risk premium is 5%. Expected Growth Rate 450 525 516 4.0% 2.5% 2% The value of the gas and convenience store division (in $ millions) is closest to:

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