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2. Sticky Corp is a private company that manufactures adhesives and believes this may be a good time to go public. Last year EBIT was

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2. Sticky Corp is a private company that manufactures adhesives and believes this may be a good time to go public. Last year EBIT was $324 million, D&A was $82 million, CapEx was $98 million, and the increase in net working capital was $16 million. If Sticky's tax rate is 30%, what was its Free Cash Flow? 3. Sticky's capital structure today is $630 million in Long Term Debt and $962 million in Common Equity. If its debt were issued today, Sticky would pay an interest rate of 5.2%/year (before tax). Sticky's Cost of Equity is estimated to be 9%/year. Given a tax rate of 30%, what is Sticky's Weighted Average Cost of Capital (WACC)

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