Solve all the following problems. Use a separate worksheet for each problem. Show all your work. Use formulas for all calculations. Provide notation for all outside sources. 1. THE WARM-UP Using S&P Capital IQ and other necessary sources of financial information, calculate the WACC for IBM. Use the Security Market Line from the CAPM to estimate the cost of common equity. Solve all the following problems. Use a separate worksheet for each problem. Show all your work. Use formulas for all calculations. Provide notation for all outside sources. 1. THE WARM-UP Using S&P Capital IQ and other necessary sources of financial information, calculate the WACC for IBM. Use the Security Market Line from the CAPM to estimate the cost of common equity