Excel Activity- Calculating the WACC Question 1 0/10 Submit Excel Activity: Calculating the WACC Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): is 6%, and Skye's beta is 1.336 . The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1.525 million. answers to two decimal places. DCF method to find the cost of common equity. After-tax cost of debt: % Cost of preferred stock: % Cost of retained earnings: % Cost of new common stock: % b. Now calculate the cost of common equity from retained earnings, using the CAPM method. % % methods in calculating WACC.) WACC 1 : % WACC 2 : %