Estimating Weighted Average Cost of Capital (Part 1) Gather the data to estimate Verizon's WACC (ticker symbol = VZ) using market value weights. Document all of your calculations. Please cite all sources of information that are used in your calculations. Information Sources Needed: You can use any financial internet website to pull the relevant data needed. Listed below are some examples. a) finance. - needed for stock price, analyst's growth estimates, etc. b) finance./bonds – for Treasury security yields (Risk-free rate) c) Chapter 11 of your text (for market risk premium and other equations) d) Verizon Value Line Summary Report (included with this assignment and VERY useful) e) Most recently issued Verizon Corporate Bond: i. 4.672% semi-annual coupon, matures March 15, 2055, 02/18/2020 price quote=129.272 ($1,292.72) Data to gather: Market value of equity (market cap), Market value of LT debt, Stock price, Recent or expected dividend, Dividend growth rate, beta, risk-free rate, market risk premium, tax rate Calculations: a. rd = YTM b. rs – calculation using each of the three methods. Justify your choice of which method (or average of methods) is most appropriate to use in your estimate of WACC for Verizon. c. Dividend growth rate (no calculation needed if you can justify a specific growth rate) d. Weights of long-term debt and common equity (capital structure, market value) e. WACC