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Starbucks has a beta of 0.86 and its current stock price is $95.40. The company has about $111.4 billion in equity outstanding and about $23.8

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Starbucks has a beta of 0.86 and its current stock price is $95.40. The company has about $111.4 billion in equity outstanding and about $23.8 billion in debt. Assume the risk-free rate is 2.4% and the market risk premium is 6.4%. If the tax rate is 20%, then what is Starbucks' cost of equity capital

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