Table 2: Sensitivity Analysis - "How much does cost of equity change?"
	Down 10%	Share Price as of 15, March, 2021	Up 10%
(1) Market Value of Net Debt (approximated by book value of net debt)	6715100	6715100	6715100
(2) Market Value of Equity	14998320	16664800	18331280
(3) D/E ratio (rounded to 4 digits)	0.4477	0.4030	0.3663
(4) D/(D+E)	0.3093	0.2872	0.2681
(5) E/(D+E)	0.6907	0.7128	0.7319
(6) r_D	1.932%	1.932%	1.932%
(7) r_E	16.5077%	16.0569%	15.6881%
(8) Pre-tax WACC	12%	12%	12%

Make a comment on how sensitive your analysis is when the share price increases or decreases by 10% supported by table 2