Sibanye Gold Ltd. is an independent global precious metal mining group listed on the JSE. The company has 2 670m ordinary shares outstanding with a period end trading price of R16.76 per share. The growth agenda that the company adopted some time back meant that dividend payments we not high on its agenda, instead, reinvestment of cash into the business became the norm. Given the high demand for funds to grow the business, the company issued 41 000 corporate bonds at a par value of R1000 with a coupon of 10%; these bonds currently trade at a YTM of 8%. The companys current beta is 1.34 and that of the industry is 0,67.

Provide of description of the factors you would consider when deciding on inputs into the companys WACC which will be used to calculate the intrinsic value of its equity. DO NOT calculate the WACC, simply provide the description of your chosen inputs as instructed.