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From the figures mentioned below of Umbrella Corp, calculate the Weighted Average Cost of Capital (WACC). Interest expenses $443 million Corporate tax rate 30% Default

From the figures mentioned below of Umbrella Corp, calculate the Weighted Average Cost of Capital (WACC).

Interest expenses

$443 million

Corporate tax rate

30%

Default spread

1.56%

Market Value of short term debt

$885 million

Market Value of long term debt

$9,552 million

Market value of operating liabilities

$1200 million

Total asset of firm

$18,349 million

Systematic risk

0.79

Market value of equity

$21,129 million

Risk free rate

1.7%

Market risk premium

4.72%

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