Go to the Quiz 5 Spreadsheet. Go to the WMT 60 tab. It contains the results of the 60-month regression analysis to estimate the Beta of Walmart. Assume the long-run equilibrium risk free rate is 3.80% and that the long run equilibrium market risk premium is 7.80%. Compute the estimated average cost of equity for Walmart using this information. Round to the nearest basis point(e.g. 24.6789% would be stated at 24.68 below). 1 SUMMARY OUTPUT Regression Statistics 4 Multiple R 0.339922871 5 R Square 0.115547558 6 Adjusted R Square 7 Standard Error 0.051382756 8 Observations 60 10 ANOVA df Sign Significance F 0.007877471 12 Regression 13 Residual 14 Total 1 58 59 0.020005484 0.153130883 0.173136367 MS 0.020005484 7.577296487 0.002640188 17 Intercept 18 X Variable 1 Coefficients 0.006991442 -1.078139532 Standard Error Star P-value 0.006784495 1.030502829 0.307052242 0.391667765 -2.752688956 0.007877471 Lower 95% Upper 95% -0.006589201 0.020572085 -1.86214774 -0.294131324