Select a company from the FAST FOOD industry and estimate the WACC for that company.

Please fill out the chart below using https://www.morningstar.com/

Please use Mcdonalds as the FAST FOOD industry

step 0	General assumptions		unit
	Risk free rate (rf)	2.00%	%
	Market risk premium	8.00%	%
	Tax rate	30.00%	%
step 1	Allocation bewteen Debt, Equity and Preferred
		Amount	unit
	Debt		Billion
	Preferred		Billion
	Equity		Billion
step2	Estimate the cost of debt
	Debt rating	BBB	unit
	10 year corporate credit spread		%
	Risk free rate		%
	Cost of debt		%
step 3	Estimate the cost of equity
	risk free rate (rf)		%
	market portfoio risk premium (rm - rf)		%
	beta
	Cost of equity (re)		%
step 4	Estimate the cost of preferred
	Preferred stock (year ending)		billion
	Preferred stock issued (during year)		billion
	Redemption of preferred stock (duirng year)		billion
	Preferred dividend paid (during year)
	Preferred stock (year beginning)		billion
	cost of preferred		%
step 5	Summary
	Tax rate	30.00%	%
		Amount	% weight	Cost	Cost from each component
	Debt (D)		%	%	%
	Preferred (P)		%	%	%
	Equity (E )		%	%	%
	Sum		%		%
	WACC	%