b. Compute the weighted-average cost of capital for Coca-Cola as of the start of Year 1.At the end of 2015, Coca-Cola had $44,213 million in outstanding interest-bearing debt on the balance sheet and no preferred stock. Assume that the balance sheet value ofCoca-Colas debt is approximately equal to the market value of the debt. Assume that at the start of Year 1, it will incur interest expense of 2.0% on debt capital and that its average tax rate will be 24.0%. Coca-Cola also had $210 million in equity capital from non-controlling interests. Assume that this equity capital carries a 15.0% required rate of return. (For our forecasts, we assume non-controlling interests receive dividends equal to the required rate of return each year.)