Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): Download spreadsheet Calculating the WACC-d370f0.xlsx 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. % % structure excluding current liabilities to determine the weights. Also, use the simple average of the required values obtained under the two methods in calculating WACC.) WACC 1 : % WACC2 : %