Given information for Tesla: Cost of debt Tesla (from the footnotes to the financial statements) 2.30% Beta for Tesla (from Yahoo or other financial sources) 2.11 Normalized risk free rate of return in the market (observing the 10 rate on government issued securities) 3.00% Equity risk premium (from historical studies of the market) 5.00% Market value of debt (use book or amount disclosed in the footnotes if different) $ 6,834 Number of common shares outstanding 1,048 Market price of the common stock on July 13, 2022 $ 722.00 Market value of equity (number of shares times the stock price