Assume the following for Netflix as a whole:

Risk-free rate of 1.5%

Market risk premium of 5.5%

Netflixs credit rating is BBB

And calculate the following:

1. Cost of Equity Capital (please keep 2 decimals). For this question, assume that Netflixs beta is 0.81

2. Market Value of Equity (Note: For the number of shares, use the outstanding number at December 31, 2021, NOT the weighted average over the year. For share price, please use the closing share price at December 31, 2021

3. Total Debt (i.e., short- and long-term)