IT IS NOT 7.51%

Suppose it's January 2021 and you would like to estimate the unlevered cost of capital (ru) for Atlas Corp. The current share price of Atlas is $10 and there are 20 million shares outstanding You have estimated Atlas' equity beta as 0.85 and its cost of debt (rp) as 3.75%. The risk-free rate is 2.5% and the market risk premium is 7%. In addtion, the table below shows the current balance sheet of the firm. Assume that all cash and short-term investments are excess cash. Based on the information provided, what is the best estimate the unlevered cost of capital for Atlas Corp? Select one Assets Cash & Short-Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Balance Sheetin -millions) 2020 Liabilities $10.00 Accounts Payable $30.00 Short Term Debt $15.00 Current Maturities of Long-Term Debt $400 Other Current Usbilities 559.00 Total Current Liabilities 2020 $10.00 $5.00 $15.00 59.00 $39.00 Property. Plant & Equipment $150.00 Long Term Debt Less Accumulated Depreciation (540.00 Capital Lease Obligations Net Property. Plant & Equipment $110.00 Total Debt $50.00 $0.00 $50.00 Goodwill & Intangible Assets Other Long Term Assets $18.00 Deferred Takes $23.00 Other Long Term Liabilities $12.001 $22.00 Total Liabilities $99.00 Shareholders' Equity $111.00 $210.00 Total Liabilities and Shareholders Equity $210.00 Total Assets O 1.7.51% O 2.5.73% O 3.7.37% O 4.6.23% 0 5.8.45%