Question: i need a quick accurate answer i don't want to see the work. thank you! Calculation of individual costs and WACC BlackRock, Inc. (BLK) has

i need a quick accurate answer i don't want to see the work. thank you!
Calculation of individual costs and WACC BlackRock, Inc. (BLK) has a capital structure that consists of common stock equity and debt. The market capitalization of its equity is $75.062 billion and its debt has a market value of $5.274 billion. a. Calculate the market value weights for BLK's capital structure. b. Calculate BLK's cost of equity using a beta of 1.18 , a risk-free rate of 0.83%, and a market risk premium of 6.40%. c. Calculate BLK's cost of debt using a bond price of $1,059.55, semi-annual coupon payment of $33.75, and 6 years to maturity. d. Calculate BLK's current WACC using a 21% corporate tax rate. a. The market value weight of longterm debt in BLK's capital structure is \%. (Round to two decimal places.) The market value weight of common stock equity in BLK's capital structure is \%. (Round to two decimal places.) b. BLK's cost of equity using the CAPM is \%. (Round to two decimal places.) c. BLK's before tax cost of debt is \%. (Round to two decimal places.) d. BLK's current WACC using a 21% corporate tax rate is %. (Round to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
