Weighted Average Cost of Capital Cigna, a worldwide health service organization (stock ticker symbol - CI) with annual revenues of $41billion needs to calculate ts WACC (weighted average cost of capital). The following information is available US Treat 4% Cigna's tax 22% Dow Jones 8% Dividends 30.04 Current she 5214 Cigna's del 46% Cigna's Bet 0.7 Current bar 75 Calculate an estimate of Cigna's WACC What does it's WACC represent and how should it be used? Explain what the cost of equity is