Instructions to Students: Please refer to the attached case. The assessment of the case study consists of two elements, a written report and an oral presentation. WRITTEN REPORT This assignment requires the students to study the case and answer the following questions: 1. Discuss the importance of estimating a firm's cost of capital. (10 marks) 2. Discuss whether you agree or not with the weighted average cost of capital (WACC) estimate provided by Kyle Brooks. If you disagree, demonstrate how you would adjust the estimate. (30 marks) 3. What is your best estimate of the WACC for the five comparable publicly traded companies? How do these WACCs influence your thinking about the WACC for Royal Mail? ( 30 marks) Note: Please state your assumptions clearly and support your answer with proper justifications, calculations, theories, empirical evidence, etc., wherever relevant. Instructions to Students: Please refer to the attached case. The assessment of the case study consists of two elements, a written report and an oral presentation. WRITTEN REPORT This assignment requires the students to study the case and answer the following questions: 1. Discuss the importance of estimating a firm's cost of capital. (10 marks) 2. Discuss whether you agree or not with the weighted average cost of capital (WACC) estimate provided by Kyle Brooks. If you disagree, demonstrate how you would adjust the estimate. (30 marks) 3. What is your best estimate of the WACC for the five comparable publicly traded companies? How do these WACCs influence your thinking about the WACC for Royal Mail? ( 30 marks) Note: Please state your assumptions clearly and support your answer with proper justifications, calculations, theories, empirical evidence, etc., wherever relevant