You are trying to estimate the weighted average cost of capital for In-n-Out Burger, a privately held fast food company. You have following information on comparable fast food companies If the risk free rate is 5% and the market risk premium (the expected return of the market minus the risk rate) 6%, what is the best estimate of In-n-Out's WACC according to the CAPM?

Company McDonalds Burger King Wendy's Debt Beta 0 .2 .3 Equity Beta 1.2 1.9 2.2 D/V 0 .3 .5