You are considering estimating Weighted Average Cost of Capital (WACC) for Company X. Below is the information that you have retrieved from the different data sources: Name Current Price Estimated Growth Rate X 7.375% X 3.150% X 3.300% X 2.500% X 2.450% X 3.200% X 1.875% X 2.875% X 2.550% X 1.550% X 2.250% X 2.200% X 2.900% Beta Number of Shares Outstanding Next Year's Expected Dividend 5-Year Treasury Yield Tax Rate Expected Market Risk Premium $40.00 7.00% 0.89 4,250,000,000 $1.60 Also, you have retrieved the company's bonds information from FINRA website as follows: Par Value (Amount Outstanding) 95,835,000 Total Par Value of Debt: 2.50% 21.0% 5.50% Maturity 7/29/2093 11/15/2020 1,000,000,000 9/1/2021 1,324,080,000 4/1/2023 750,000,000 11/1/2020 1,250,000,000 11/1/2023 1,500,000,000 10/27/2020 1,500,000,000 10/27/2025 1,750,000,000 6/1/2026 500,000,000 9/1/2021 9/1/2026 1,000,000,000 1,000,000,000 5/25/2022 500,000,000 5/25/2027 500,000,000 12,669,915,000 Price 140.118% 100.442% 100.448% 96.558% 98.851% 98.928% 97.841% 95.028% 91.903% 95.656% 90.007% 96.424% 93.606% YTM 5.231% 2.925% 3.133% 3.342% 3.045% 3.435% 2.998% 3.688% 3.785% 3.161% 3.730% 3.266% 3.780% Current Price Estimated Growth Rate Beta Number of Shares Outstanding Next Year's Expected Dividend 5-Year Treasury Yield Tax Rate Expected Market Risk Premium Name X 7.375% X 3.150% X 3.300% X 2.500% X 2.450% X 3.200% X 1.875% X 2.875% X 2.550% X 1.550% X 2.250% X 2.200% X 2.900% $40.00 7.00% 0.89 ########### $1.60 2.50% 21.0% 5.50% Maturity 7/29/93 11/15/20 9/1/21 4/1/23 11/1/20 11/1/23 10/27/20 10/27/25 6/1/26 9/1/21 9/1/26 5/25/22 5/25/27 Total Par Value of Debt: Weighted Average Cost of Capital (WACC) Market Value of Debt Market Value of Equity Total Market Value Weight (%) Debt Weight (%) Equity Cost of Equity - CAPM Approach Cost of Equity - DDM Approach Cost of Equity - Average Pre-Tax Cost of Debt WACC Note: You have already adjusted for different currency units and amount from different data sources. All units are consistent. Par Value (Amount Outstanding) 95,835,000 1,000,000,000 1,324,080,000 750,000,000 1,250,000,000 1,500,000,000 1,500,000,000 1,750,000,000 500,000,000 1,000,000,000 1,000,000,000 500,000,000 500,000,000 12,669,915,000 Price YTM 5.231% 2.925% 3.133% 140.118% 100.442% 100.448% 96.558% 3.342% 98.851% 3.045% 98.928% 3.435% 97.841% 2.998% 95.028% 3.688% 91.903% 3.785% 95.656% 3.161% 90.007% 3.730% 96.424% 3.266% 93.606% 3.780% You are considering estimating Weighted Average Cost of Capital (WACC) for Company X. Below is the information that you have retrieved from the different data sources: Name Current Price Estimated Growth Rate X 7.375% X 3.150% X 3.300% X 2.500% X 2.450% X 3.200% X 1.875% X 2.875% X 2.550% X 1.550% X 2.250% X 2.200% X 2.900% Beta Number of Shares Outstanding Next Year's Expected Dividend 5-Year Treasury Yield Tax Rate Expected Market Risk Premium $40.00 7.00% 0.89 4,250,000,000 $1.60 Also, you have retrieved the company's bonds information from FINRA website as follows: Par Value (Amount Outstanding) 95,835,000 Total Par Value of Debt: 2.50% 21.0% 5.50% Maturity 7/29/2093 11/15/2020 1,000,000,000 9/1/2021 1,324,080,000 4/1/2023 750,000,000 11/1/2020 1,250,000,000 11/1/2023 1,500,000,000 10/27/2020 1,500,000,000 10/27/2025 1,750,000,000 6/1/2026 500,000,000 9/1/2021 9/1/2026 1,000,000,000 1,000,000,000 5/25/2022 500,000,000 5/25/2027 500,000,000 12,669,915,000 Price 140.118% 100.442% 100.448% 96.558% 98.851% 98.928% 97.841% 95.028% 91.903% 95.656% 90.007% 96.424% 93.606% YTM 5.231% 2.925% 3.133% 3.342% 3.045% 3.435% 2.998% 3.688% 3.785% 3.161% 3.730% 3.266% 3.780% Current Price Estimated Growth Rate Beta Number of Shares Outstanding Next Year's Expected Dividend 5-Year Treasury Yield Tax Rate Expected Market Risk Premium Name X 7.375% X 3.150% X 3.300% X 2.500% X 2.450% X 3.200% X 1.875% X 2.875% X 2.550% X 1.550% X 2.250% X 2.200% X 2.900% $40.00 7.00% 0.89 ########### $1.60 2.50% 21.0% 5.50% Maturity 7/29/93 11/15/20 9/1/21 4/1/23 11/1/20 11/1/23 10/27/20 10/27/25 6/1/26 9/1/21 9/1/26 5/25/22 5/25/27 Total Par Value of Debt: Weighted Average Cost of Capital (WACC) Market Value of Debt Market Value of Equity Total Market Value Weight (%) Debt Weight (%) Equity Cost of Equity - CAPM Approach Cost of Equity - DDM Approach Cost of Equity - Average Pre-Tax Cost of Debt WACC Note: You have already adjusted for different currency units and amount from different data sources. All units are consistent. Par Value (Amount Outstanding) 95,835,000 1,000,000,000 1,324,080,000 750,000,000 1,250,000,000 1,500,000,000 1,500,000,000 1,750,000,000 500,000,000 1,000,000,000 1,000,000,000 500,000,000 500,000,000 12,669,915,000 Price YTM 5.231% 2.925% 3.133% 140.118% 100.442% 100.448% 96.558% 3.342% 98.851% 3.045% 98.928% 3.435% 97.841% 2.998% 95.028% 3.688% 91.903% 3.785% 95.656% 3.161% 90.007% 3.730% 96.424% 3.266% 93.606% 3.780%