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Uber Inc. has a current stock price of $ 8 0 . 4 3 . It also has 2 , 0 8 0 million shares

Uber Inc. has a current stock price of $80.43. It also has 2,080 million shares outstanding and the market value of debt is $11,199 million. The company's equity beta is 1.33. Its tax rate is 21%. The company's cost of debt is 5.65%. Assume that the risk-free rate is 4% and the market return is 11%. Compute the weighted average cost of capital (WACC) for Uber.

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