Need help calculating WACC for Starbucks 2020. Starbucks' equity was negative in 2020, so I keep getting a negative WACC. Calculate the weighted average cost of capital (WACC) using both the Security Market Line Approach and the Dividend Growth Model Approach. Compare the WACC for each approach, discussing the advantages and disadvantages of each approach.

SEE MY CALCULATION BELOW.

PLEASE UPLOAD EXCEL CALC IF POSSIBLE

B 25258800000 -7799400000 457500000 =32.75% 0.025 1.2075 0.2206 =B1+B2 A 1 Total Debt 2 Total Equity 3 Interest Expense 4 Tax Rate 5 Risk-free Return 6 Beta 7 Market Return 8 9 Total Capital 10 11 Weight of Debt 12 13 Cost of Debt 14 15 Weight of Equity 16 17 Cost of Equity 18 19 WACC =B1/B9 =B3/B1 =B2/B9 =B5+B6*(B7-B5) =B15*B17+B11*B13*(1-B4) 20 1