For IBM, find the following items (Hint: Try using Yahoo Finance & FINRA) which are required for you to calculate the Weighted Average Cost of Capital (WACC):

• Shares outstanding = 925.794

• Stock price = $154.76

• Equity = $16792000

• Debt = $39079250

• Preferred stock $N/A

• Equity beta 1.06%

• Market risk premium = 5%

• US treasury yield (10-year) = 2.37%

• Cost of equity (CAPM) 7.67...%

• Pre-tax cost of debt = 2.25%

• Tax rate ..%

• Credit rating

• Cost of preferred stock %

• WACC = ..%