billion and its total market value (enterprise value) is $34.31 billion. Assume a risk-free rate of 4.0% and a market risk premium of 4.4% to answer the following requirements. (a) Estimate FedEx's cost of debt capital, cost of equity capital, and weighted average cost of capital. (Round your answers to one decimal place.) Cost of debt capital = Cost of equity capital = Calculate the weighted average cost of capital. (Use your rounded answers from above. Do not round until your final answer. Round to one decimal place.) Weighted average cost of capital = Assume that its cost of equity capital is 7.1%. (Do not round until your final answer. Round to one decimal place.) Discuss the reasonableness of this growth factor. OThe growth in dividend factor is lower than expected due to the fact DDM places a tiny amount of weight on the dividends beyond the fore billion and its total market value (enterprise value) is $34.31 billion. Assume a risk-free rate of 4.0% and a market risk premium of 4.4% to answer the following requirements. (a) Estimate FedEx's cost of debt capital, cost of equity capital, and weighted average cost of capital. (Round your answers to one decimal place.) Cost of debt capital = Cost of equity capital = Calculate the weighted average cost of capital. (Use your rounded answers from above. Do not round until your final answer. Round to one decimal place.) Weighted average cost of capital = Assume that its cost of equity capital is 7.1%. (Do not round until your final answer. Round to one decimal place.) Discuss the reasonableness of this growth factor. OThe growth in dividend factor is lower than expected due to the fact DDM places a tiny amount of weight on the dividends beyond the fore