Apple currently has $120 Billion of debt on the balance sheet paying a 3% annual coupon on average. The debt is rated at AA+ which sells to yield 1.82% at current rates. Apples market value of equity of $2.24 Trillion. The current yield on the 10-year treasury is 1.58%. Assume a market risk premium of 8.5%. Apple pays a corporate tax rate of 21%.

Find the Re, Equity ratio, Debt ratio, and the WAAC (use formulas please)

Beta	1.28
Rf	1.58%
MRP	8.50%
Toal Debt (D)	$120,000,000,000.00
MV Equity (E)	$2,240,000,000,000.00
tc	21.00%
Rd	1.82%
Re
Equity Ratio
Debt Ratio
Wacc