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What was the WACC for BigSky Corporation given the following information: Equity Shares Outstanding 100 million Stock price per share $77 YTM on debt 5%

What was the WACC for BigSky Corporation given the following information:

Equity Shares Outstanding 100 million

Stock price per share $77

YTM on debt 5%

Book Value of debt $25 million

Coupon interest rate on debt 5%

Interest rate on gov't bonds 2%

BigSky's equity Beta 1.25

Historical excess return on stocks 7%

*Tax Rate 28%

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