Please use the information in Exhibit 3 on page 10 of the case to estimate the Weighted Average Cost of Capital for Hope.

Please use the information in Exhibit 3 on page 10 of the case to estimate the Weighted Average Cost of Capital for Hope. Hope is in the Gaming business so use the companies in that industry group to estimate the unlevered beta for Hope.Use the current capital structure for Hope, in market value terms, to estimate the WACC.Use a market Risk Premium of 5.5% and then 6.5 % to estimate the required return on levered equity.