Given information for Tesla: Cost of debt Tesla (from the footnotes to the financial statements) 3.31% Beta for Tesla (from Yahoo or other financial sources) 2.08 Normalized risk free rate of return in the market (observing the 10 rate on government issued securities)3.98% 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) $ 3,099 Number of common shares outstanding 3,164 Market price of the common stock on July 13, 2022 $ 269.69 Market value of equity (number of shares times the stock price)