Please answer the following question and show work in an excel format.

Use the 10-year Treasury Bond rate as the risk-free rate and assume that the market risk premium is 8.5% to find Johnson & Johnsons cost of equity. Assume that Johnson & Johnsons bonds are rated AAA and that Johnson & Johnsons corporate tax rate is 25%. Assume that Johnson & Johnsons bonds have no floatation costs, but the cost of issuing equity is 3.5%. Find Johnson & Johnsons weighted average cost of capital. Assume that the project will be financed with internal funds.

Additional financial information from the Wall Street Journal and online at sites like Yahoo Finance is needed to complete your calculation. Use Johnson & Johnsons debt-to-equity ratio to compute the percentages of debt and equity. Please use excel !!!