name a current publically traded company and solve this equation with the assumption of the following formula for WACC provide an explanation ofbyiur answer.

i chose Nike for my traded company

Assumptions: As you recall, the formula for WACC is: WACC = (E/E+D) rE + D/(E+D) D (1-TC) The formula for the required return on a given equity investment is: ri= rf + Bi * (RMkt-rf) RMkt-rf is the Market Risk Premium. For this project, you may assume the Market Risk Premium is 5% unless you can develop a better number if is the risk-free rate. The risk-free rate is normally the yield on US Treasury securities such as a 10-year treasury. For this assignment, please use 3,5% I You may assume a corporate tax rate of 40%