Case Questions: Calculate cost of capital (WACC) for Marriott as a whole: Hint: a. Calculate the unlevered asset beta from the equity beta and market leverage. Find the levered beta using the target debt ratio. Calculate cost of equity and the WACC. Calculate cost of capital (WACC) for Lodging: Calculate cost of capital (WACC) for Restaurants: Calculate cost of capital (WACC) for Contract Services. Hint, No comparable asset beta is given in the case.

https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5fd3b7d419aac/9707482?X-Blackboard-Expiration=1638846000000&X-Blackboard-Signature=FX6e3oKY92jCY19P0YaFOXuO9YhtEEumWq%2BzAtTQanQ%3D&X-Blackboard-Client-Id=100403&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27Marriot.pdf&response-content-type=application%2Fpdf&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEL%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCXVzLWVhc3QtMSJHMEUCIAHIVybTQHQw2IfHLppBHMJ2A0LWgP2DBhfddvdviBXIAiEA6zCKXSNdMpreDvcMOqmo7PmsJIZUJ%2BzAhl3QEch4dvUqgwQImP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARACGgw2MzU1Njc5MjQxODMiDLtv9DGscu0ckbeebCrXA5kA%2FFZG2WTmizFkP7Au%2FIy%2FPOeVwY7HwFf9HF5X%2B6CKMqmwjXrzhWGW%2BYIDCA4hHdkWR6VZYqO7RMdnTWqChzjySgp0s4ns8j8uK7GIQJkOwNEhkTc1YwOxvJjr9VYjl0jXqP%2B7%2BsoS0tPovwrCWZZZCPy6wo%2BCIdDpBPXXhpmEoFu0oRs8aoooCG1pQRFRotgAdAkOZgt0vkw8QHyoC%2FZbWtT5ROws7BxHDVoZCCoXIniy%2BOTHnISpjMVLLRda0MSy11DMDIkpdtZUBqYmsdNfJzcDvjuzAAm1nB8hqXNkbsqElFqcTwcVfAC2ZasPTQEVlAHIbCVzdU%2BYpOtnD83P4tfG0RFch3ey3qHW2rYAdivOvfQ6z%2FkZJDaF6UIQsNoun3wRxyfILrftqSWlUn%2BGX2ZBniaHA3v1%2BEGlBh98AvKOOqrltmD5RypxUsjMr5endi71b%2BOxY1%2FZpxhO8M%2FyHhAyF8pC7jvzdPdrbOQsoQuHxQBJVry8tSHHOriegMGInsQ%2FV7LXpoT7jOhf%2F4%2BIxp47b99neR7BI7nWaWwW2iVqHdetY4sriitMsEYNAIdViDI%2F3IPizfcwwol2xdMUbwyZln%2FlVW5hrK4ME3WbGq44yLPsnTC7qLqNBjqlAUgkpGzYzlZvfFr2fbuf4Y9gNJizrF0ihCTCngF5KKNwjyvWWZ%2Fgki5QeFVrXjbstqEFKGGGvC2IlsrLn%2BXnM2sYsu8IdxC7zyZ%2FV%2BoitWWQ6RF64ZPGGFJFRqmeS%2BDJB09FYUXUkomyVRnGW%2BNhv2bbs1w7e%2FCg6BUCRXiQKKFGmwXFeLufTt0QB8GlAatvn9TruaQF8pmexXSkwKiRNy8Ykvv3rA%3D%3D&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20211206T210000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=ASIAZH6WM4PLXAELSA6D%2F20211206%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=2e10169a7dc076d9ef7f04b9a652edcca7839a5faa75da7dc51e81f384033057