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Need help finding WACC? Please include steps on how it was calculated. Step 1 i risk free rate (?-year Treasury Yield) -0.92% ii equity beta
Need help finding WACC? Please include steps on how it was calculated.
| Step 1 | |||
| i | risk free rate (?-year Treasury Yield) | -0.92% | |
| ii | equity beta | 1.21 | |
| iii | expected market risk premium | 4.00% | |
| cost of equity rE | 3.92% | ||
| Step 2 | Moody's Rating (if available) | Aa1 | |
| debt beta | 0.05 | ||
| cost of debt rD | -0.72% | ||
| Step 3.1 | Latest Fiscal Year | ||
| Cash and Short-Term Investments | -$10,435 | USD million | |
| Debt in Current Liabilities | $15,229 | USD million | |
| Long-Term Debt - Total | $107,049 | USD million | |
| Net Debt | $132,713 | USD million | |
| Step 3.2 | Stock Price | $142 | USD |
| Shares Outstanding | 16,976.763 | millions | |
| Market Value of Equity | $2,402,212 | USD million | |
| Step 3.3 | Enterprise Value | $132,713 | USD million |
| 265,426.00 | |||
| Step 4 | Tax rate | 21% | |
| WACC |
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
