Estimate the most current Weighted Average Cost of Capital of the Boeing Company (ticker: BA). Use CAPM to estimate the cost of equity. Assume that the capital structure (the market debt- to-equity ratio) observed as of the most recent annual financial statements remains in place forever for the company. Also assume that the market risk premium is 5% and that the marginal tax rate is 21%.

Suggested sources of the data:

1. SECs Edgar database for financial statements and annual report

2. FINRAs TRACE database for public bond yields and prices

3. U.S. Treasurys web-site for T-bond rates

4. Yahoos finance web-site, NASDAQ.com, or NYSE.com for the most current stock price