Weston Enterprises is an all-equity firm with two divisions. The salt drink division has an asset boto of 0.61, expects to generato froo cash flow of $43 million this year. and anticipatos a 4% perpetual growth rato The industrial chemicals division has an assot bota of 1.02, expects to generato troch flow of sad milion this year, and anticipates a 3% perpetual growth rate. Suppose the risk-free rate is 3% and the market risk premium i 4% a. Estimate the value of each division b. Estimate Weston's current equity beta c. Estimate Weston's current cost of capital. Is this cost of capital useful for valuing Weston's projects? How is Westor's equity beta ikely to change over time? a. Estimate the value of each division The cost of capital for the soft drink division is %. (Round to two decimal places.) Clear all Check