Promoting and Refining Division: By averaging the equity beta from the division’s competition, the division’s own beta fairness was approximated at 1.2, this is larger than the average beta of E&P division indicating that the upper systematic pitfalls are faced by M&R division. The marketplace hazard quality of 6% https://harvard-case-solution50568.ziblogs.com/36794038/the-definitive-guide-to-hbr-case-study-solution