Calculate the WACC for 3M Company (ticker symbol MMM). For the market value of Short Term Debt, you may use the book value of ST Borrowings (from Bloomberg). For the market value of Long Term Debt, you may use the book value of LT Borrowings plus Current Portion of LT Debt. To calculate the cost of Short Term Debt you can use the yield to maturity on the 3.000% bond that matures in 08/07/2025. Likewise you may use the 3.875% bond that matures in 06/15/2044 as a proxy for Long Term Debt. Use 5.0% as the Market Risk Premium. Finally, calculate the WACC using both the Security Market Line Method, as well as the Dividend Discount Method to calculate the Cost of Equity. Calculate the WACC for 3M Company (ticker symbol MMM). For the market value of Short Term Debt, you may use the book value of ST Borrowings (from Bloomberg). For the market value of Long Term Debt, you may use the book value of LT Borrowings plus Current Portion of LT Debt. To calculate the cost of Short Term Debt you can use the yield to maturity on the 3.000% bond that matures in 08/07/2025. Likewise you may use the 3.875% bond that matures in 06/15/2044 as a proxy for Long Term Debt. Use 5.0% as the Market Risk Premium. Finally, calculate the WACC using both the Security Market Line Method, as well as the Dividend Discount Method to calculate the Cost of Equity