The second WACC calculation based on Gordon equity payouts is not applicable currently because Whole Foods total equity payouts show that in the past 3 years the company has absorbed equity from the capital markets. Suppose the cost of equity based on the total equity payouts now becomes available and is 9.71%. Using this new cost of equity, compute the second WACC based on Gordon equity payouts.

B 1 COMPUTING THE WACC FOR WHOLE FOODS MARKET (WFM) 2 Shares outstanding 183.56 <.. millions share price june equity value e net debt d tax rate tc bottom cost of to from financial statements interest on term loan expected market return risk-free beta yahoo wacc based gordon per-share dividends current dividend ..="Page 104" growth eaverage b10 payouts payout not applicable equity. te classic capm le tax-adjusted estimated>