• Use the book value of total long-term liabilities and market value of equity as of the fiscal year-end (January 30, 2022) to work out the proportion of debt and equity (Hint: you can obtain Home Depots current and historical stock prices from Yahoo Finance; Use the adjusted closing stock price on the last trading day if the fiscal year-end, i.e., January 30, 2022, falls on a non-trading day).

• The cost of debt, cost of equity, and debt-to-equity (D/E) ratio are assumed to remain constant over time.

Information: Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,792 shares at January 30, 2022 and 1,789 shares at January 31, 2021; outstanding: 1,035 shares at January 30, 2022 and 1,077 shares at January 31, 2021.

Please help me calculate the WACC please

Required (a) Calculate Home Depot's cost of equity using CAPM. (2 marks) (b) Calculate Home Depot's cost of debt. (c) Calculate Home Depot's WACC. (2 marks) (2 marks) (a) 0.0594 Cost of equity (ke) Risk free rate 3% Equity Beta 0.98 Market rate 6% (b) Cost of debt (kd) 0.03001 Interest expense 1,347 Book value of total long-term liabilities 44,879 (c) WACC 0 CAPM 0.0594 E/V D/V Kd 0.03001 25% Tax rate