Calculating the WACC Skye Computer Company: Balance Sheet as of December 31 (in thousands of dollars) a. Calculating the cost of each capital component (using the DCF method to find b. Calculating the cost of common equity from retained earninas, using the CAPM method Cost of relained earnings c. Calculating the cost of new common stock based on the CAPM Flotation cost adiustrnent Cost of new common stock d. Calculating the firm's WACC assuming that (1) it uses only retained earnings for equity and (2) if it expands so rapidly that it must issue new common stock