Problem
Use the attached Excel file for ABC Company.
• Calculate cost of equity
• Calculate WACC
• ABC's stocks are not currently listed on a stock exchange. Suppose ABC issues all its stocks in an IPO. After the IPO the company has 3.5 million shares, worth $2.5 each. What is the WACC after the IPO?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Attachment:- Finance-Data.rar