Please show work

Company XYZ BALANCE SHEET 2018 ASSETS Cash Acconts Receivable Inventory Total Current Assets $ $ $ $ 2016 938 $ 9,745 $ 7,968 $ 18,651 $ 2017 1,070 $ 11,531 $ 9,455 $ 22,056 $ 1,248 $ 13,640 $ 11,020 $ 25,908$ 2019 1,471 15,686 12,673 29,830 905 Land Buildings Less: Accumulated Depreciation Total Assets $ $ $ $ 905 $ 4,015 $ 700 $ 22,871 $ 905 $ 4,713 $ 857 $ 26,817 $ 905 $ 5,450 $ 1,039 $ 31,224 $ 5,580 1,225 35,090 Average Proportion Rate Adj Rate Weighted LIABILITIES AND EQUITY Accounts Payable Taxes Payable Total Current Liabilities $ $ $ 13,503 $ 638 $ 14,142 $ 16,360 $ 770 $ 17,130 $ 19,356 $ 948 $ 20,305 $ 21,419 1,171 22,590 $ 4,851 46.38% 9.00% 7.2% 3.34% Long-Term Debt Total Liabilities $ $ 5,315 $ 19,457 $ 5,016 $ 22,146 $ 4,702 $ 25,007 $ 4,371 26,961 Common stock Retained earnings Total Equity $ $ $ 1,273 $ 2,141 $ 3,414 $ 1,273 $ 3,398 $ 4,671 $ 1,273 $ 4,944 $ 6,217 $ 1,273 6,856 8,129 15.8% 15.8% $ 5,608 $ 10,459 53.62% 100.00% 8.48% 11.82% WACC $ 1,236.69 cost of cpaital in dollars Total Liabilities and Equity $ 22,871 $ 26,817 $ 31,224 $ 35,090 0.75 1.27 Information Given: Unlevered Beta Levered Beta Long-Term Debt Interest Rate Income Tax Rate T-bill Rate S&P 500 Rate 9.00% 20.0% 2.5% 13.0% CAPM (rate Investors Expect T-Bill Rate S&P 500 Rate EMRP (Spread) Levered Beta CAPM risk free rate +(Beta * EMRP) 2.5% 13.0% 10.5% Equity Market risk premium 1.27 15.8% $ $ Calculations: Average Debt Average Equity Levered Beta EMRP CAPM 4,851 5,608 1.27 10.5% 15.8% Company XYZ wants to calculate the expected return of its investors. To do that, they want to calculate the CAPM rate (Capital Asset Pricing Model). Given the following information, calculate the CAPM. (DO NOT include % sign and use 2 decimals. For example 9.43% would be input as 9.43.) Unlevered Beta 0.60 Tax Rate 30.0% Debt $550,000 Equity $350,000 S&P 500 Rate 11.0% T-bill Rate 2.5% EMRP 8.5%