READ THIS FIRST Case: APEX CARBON FIBERS Learning Objectives To successfully apply financial analysis and decision making techniques covered in the course to a comprehensive case study, and to make...

READ THIS FIRST
    Case: APEX CARBON FIBERS
    Learning Objectives
    To successfully apply financial analysis and decision making techniques covered in the course
    to a comprehensive case study, and to make the relevant observations and recommendations.
    Guidelines
    1    Closely examine the questions you have to answer.
    2    Proceed to answer the questions, one-at-a-time, as you refer to the needed explanatory material.
    3    Give yourself enough time to prepare comprehensive answers that show what you learned; edit your work before you submit it. Writing craft and grammar counts.
    4    Weights: Q1-Q5: 15% each; Q7: 25%. The answer to Q6 has been provided to you
    
    Questions
    Use answer boxes on the question tabs. Keep each answer inside of its answer box.
    Q1    Using historical financial ratios, judge Apex's performance.
        What information would you need to appraise its business risk and financial risk? Do so to the extent possible.
    Q2    Explain the meaning of Apex's financial statement forecast, i.e., what is the external financing required?
        Can Apex repay the loan, and is the loan within Apex's debt capacity?
    Q3    Calculate Apex's k-wacc. Explain.
    Q4    Calculate NPV, PI, IRR and PP for the proposed robotics project. Then, explain whether or not
         Apex should green-light or red-light the proposed investment project.
    Q5    Calculate and explain fully the equity value of the business and whether it could be an LBO target.
    Q6    Is equity financing a reasonable alternative to bo
owing? Explain.                    The answer to this question has been provided to you
    Q7    UNRELATED TO APEX
        Explain to a group of people without a background in finance, using language they can understand and without jargon,
        why the equity risk premium (ERP) is, simultaneously, both so simple and so complex.
        THERE IS NO SINGLE CORRECT ANSWER.            THE PURPOSE OF THE ASSIGNMENT IS TO DEMONSTRATE                WHAT YOU HAVE LEARNED TO DO IN THIS COURSE.
        USE TEMPLATE RESULTS , CASE FACTS, AND YOUR JUDGMENT.
        THINK LIKE A PROFESSIONAL… NOT LIKE A STUDENT.
        DISPLAY YOUR ABILITY TO THINK CRITICALLY/ANALYTICALLY.
        WRITE PROFESSIONALLY
Ratio Interpretation
    APEX CARBON FIBERS
    RATIO / YEAR    2010    2011    % CHANGE    INTERPRETATION    NUMERATOR    DEMONINATOR    
    Liquidity Ratios
    Cu
ent ratio    1.6    1.3    -21%    negative, less liquidity    cu
ent assets    cu
ent liabilities
    Quick ratio    1.1    0.8    -21%    negative, less liquidity    cu
assets-inventory    cu
ent liabilities
    Days sales in receivables    75.4    56.3    -25%    positive, quicker collections    receivables    revenue/365 days
    Days cost of sales in inventory    59.9    54.0    -10%    positive, faster turnover    inventory    cost of sales/365 days
    Days cost of sales in payables    47.6    65.0    37%    negative, paying more slowly    payables    cost of sales/365 days
    Leverage Ratios
    Long-term debt to total capital    57.9%    45.5%    -21%    positive, less financial risk    l-t leases+loans+debt    l-t leases+loans+debt+equity
    Long-term debt to equity    137.4%    83.5%    -39%    positive, less financial risk    l-t leases+loans+debt    equity
    Times interest earned    1.8    3.8    109%    positive, better coverage    operating profit (EBIT)    finance costs
    Full burden coverage    1.5    3.1    107%    positive, better coverage    oper profit + lease exp    finance costs + (lease exp/[1-tax rate])
    Efficiency (Asset-Use) Ratios            
    Fixed asset turnover    1.2    1.4    19%    positive, faster turnover    revenue    total non-cu
ent assets
    Total asset turnover    0.8    1.0    21%    positive, faster turnover    revenue    total assets
    Profitability Ratios            
    Gross margin    23.9%    34.9%    46%    positive, big improvement    gross profit    revenue
    Operating profit margin    6.8%    11.3%    65%    positive, bigger improvement    operating profit (EBIT)    revenue
    Return on sales    2.7%    8.6%    216%    positive, still bigger improvement    net profit    revenue
    Return on total assets (ROA)    2.2%    8.5%    283%    positive, still bigger improvement    net profit    total assets
    Return on equity (ROE)    6.8%    21.2%    212%    positive, big improvement    net profit    equity
    Return on invested capital (ROIC)    4.7%    9.4%    100%    positive, big improvement    EBIT*I1-tax rate)    total assets
    DuPont Formula            
    DuPont Formula - ROE    6.8%    21.3%    212%        profitability x efficiency x leverage
     Profitability    2.7%    8.6%    216%    positive, big improvement    net profit    revenue
     Efficiency    0.8    1.0    21%    positive, better turnover    revenue    total assets
     Leverage    3.1    2.5    -19%    positive, less financial risk    total assets    equity
    ROE Check    6.8%    21.2%    212%    calculation check to verify row 121    net profit    equity
    Compound Annual Growth Rates
    Revenues        40.8%             2010 - 2009    2009
    Gross profit        105.7%             2010 - 2009    2009
    Operating profit (EBIT)        131.9%             2010 - 2009    2009
    Total assets        16.0%             2010 - 2009    2009
About APEX
Q1 Q2 FIN'L STATEMENTS&RATIOS
    APEX CARBON FIBERS                                ANSWER QUESTIONS BEGINNING AT ROW 70
    Historical and Projected Financial Statements
    Years Ended December 31. Assume today is December 31, 2021
    (000)    2018    2019    2020    2021        2022    2023
        (Actual)    (Actual)    (Actual)    (Actual)        (Projected)    (Projected)
    Sales    71,924    80,115    92,613    106,042        110,284    114,695
    Operating expenses:
     Production costs and expenses    33,703    38,393    46,492    53,445        55,142    57,348
     Admin. and selling expenses    16,733    17,787    21,301    24,633        25,365    26,380
     Depreciation    8,076    9,028    10,392    11,360        15,260    19,160
     Total operating expenses    58,512    65,208    78,185    89,438        95,767    102,887
     Operating profit    13,412    14,907    14,428    16,604        14,517    11,808
     Interest expense    3,487    3,929    6,227    7,614        8,227    8,967
    Earnings before taxes    9,925    10,978    8,201    8,990        6,289    2,841
    Income taxes    2,432    2,690    2,009    2,203        1,541    696
    Net earnings    7,494    8,288    6,192    6,787        4,748    2,145
    Dividends to all common shares    2,000    2,000    2,000    2,000        2,000    2,000
    Retentions of earnings    5,494    6,288    4,192    4,787        2,748    145
    (000)    2018    2019    2020    2021        2022    2023
        (Actual)    (Actual)    (Actual)    (Actual)        (Projected)    (Projected)
    Assets
    Cash    4,816    5,670    5,090    5,795        5,795    5,795
    Accounts receivable    22,148    25,364    28,078    35,486        36,258    36,258    H25 will populate automatically once you enter the formula/value in G25
    Inventories    23,301    27,662    53,828    63,778        63,778    63,778
     Total cu
ent assets    50,265    58,696    86,996    105,059        105,831    105,831
    Gross property plant & equipt.    64,611    80,153    97,899    115,153        115,153    115,153
    Accumulated depreciation    -4,559    -13,587    -23,979    -35,339        -46,699    -65,859
    Net property plant & equipt.    60,052    66,566    73,920    79,814        68,454    49,294
    Total assets    110,317    125,262    160,916    184,873         174,285    155,125
    Liabilities and stockholders' equity:
    Short-term bo
owings (bank)    29,002    35,462    69,005    82,275        91,226    102,023
    Accounts payable    12,315    12,806    11,890    13,370        13,597    13,597    H35 will populate automatically once you enter the formula/value in G35
    Other accrued liabilities    24,609    26,315    25,150    21,370        21,318    21,318
    Total cu
ent liabilities    65,926    74,583    106,045    117,015        126,141    136,937
    Long-term debt    10,000    10,000    10,000    18,200        18,200    18,200
    Shareholders' equity    34,391    40,679    44,871    49,658        52,407    52,551    prev SE+RE
    Total liabilities & stockholders' equity    110,317    125,262    160,916    184,873        196,747    207,689
                        EFN    -22,463    -52,564    Enter co
ect formula in G41 and H41
                                       to calculate EFN for 2022 and 2023
        2018    2019    2020    2021    % change 2018-2021    2022    2023
        (Actual)    (Actual)    (Actual)    (Actual)        (Projected)    (Projected)
    PROFITABILITY
    Operating margin    18.6%    18.6%    15.6%    15.7%    -16.0%    13.2%    10.3%
    Tax rate    24.5%    24.5%    24.5%    24.5%    0.0%    24.5%    24.5%
    Return on sales    10.4%    10.3%    6.7%    6.4%    -38.6%    4.3%    1.9%
    Return on equity    21.8%    20.4%    13.8%    13.7%    -37.3%    9.1%    4.1%
    Return on assets    6.8%    6.6%    3.8%    3.7%    -46.0%    2.7%    1.4%
                                      
    LEVERAGE                    
    Debt/equity ratio    113.4%    111.8%    176.1%    202.3%    78.4%    208.8%    228.8%
    Debt/total capital    35.4%    36.3%    49.1%    54.3%    53.7%    55.6%    57.9%
    EBIT/interest    3.8    3.8    2.3    2.2    -43.3%    1.8    1.3
                        
    ASSET USE                    
    Sales/assets    65.2%    64.0%    57.6%    57.4%    -12.0%    63.3%    73.9%
    Sales growth rate    15.0%    11.4%    15.6%    14.5%    -3.3%    4.0%    4.0%
    Assets growth rate    8.0%    13.5%    28.5%    14.9%    86.1%    -5.7%    -11.0%
    Days sales outstanding    112    116    111    122    8.7%    120    120
    Days payable outstanding    133    122    93    91    -31.5%    90    90
    Days inventory outstanding    252    263    423    436    72.6%    435    435
                                     
    LIQUIDITY                    
    Cu
ent ratio    0.8    0.8    0.8    0.9    17.8%    0.8    0.8
    Quick ratio    0.4    0.4    0.3    0.4    -13.7%    0.3    0.3
    Q1a.                                
    - Enter inputs in empty cells in the balance sheet (G25 and G35). Hint: review Wk 6 guideline solutions.
    - Calculate the % change (yellow highlighted cells) as (ending value - beginning value) / beginning value. F47 has been calculated for you as an example.
    - Using historical financial ratios, judge Apex's performance.
    Hint for getting started:
    See sample table in the Ratio Interpretation tab as a quick reference on how to interpret the % change to guide your analysis.
    Then add your comments below each header (Profitability, Leverage, etc.)
    Profitability
    Operating margin    Negative, poor financial performance
    Tax rate    No Impact
    Return on sales    Negative, poor financial performance
    Return on equity    Negative, poor financial performance
    Return on assets    Negative, poor financial performance
    Leverage
    Debt/equity ratio    Negative, higher financial risk
    Debt/total capital    Negative, higher financial risk
    EBIT/interest    Negative, higher financial risk
    Efficiency (Asset Use)
    Sales/assets    Negative, slower turnove
    Sales growth rate    Negative, reduction in growth
    Assets growth rate    Positive, higher growth rate
    Days sales outstanding    Negative, higher credit period allowed
    Days payable outstanding    Negative, lesser credit period obtained
    Days inventory outstanding    Negative, slower turnove
    Liquidity
    Cu
ent ratio    Positive, better liquidity position
    Quick ratio    Negative, decline in liquid assets
    Conclusion
    Overall, the financial position and performance has been declined in year 2021 as compared to year 2018.
    Q1b. What information would you need to appraise its business risk and financial risk? Do so to the extent possible.
    Financial risk
    To appraise financial risks, the other information required are interest rates, foreign exchange exposure, contingent liabilitie and commitment etc.
    Business risk
    To appraise business risk, the other information required are operational performance, competitors performance, market trends, government policies and regulations etc.
    Q2a.                                
    Calculate EFN in G41 and H41, and explain the meaning of Apex's external financing needed (EFN)?
    Hint: is EFN positive or negative? What does it mean?
    External financing is the funds required to finance the additional assets required. The external financing can be in form of debt, bonds or debentures.
    The EFN is negative in the case which shows that the assets are lesser than liabilities and equity and the company is holding excess money than needed.
    Q2b.
    Can Apex repay the loan, and is the loan within Apex's debt capacity?
    Debt capacity has been calculated for you in Q6 and copied here for your convenience so you can answer this question.
    Debt capacity calculation    Bust    Boom    Indifference
    EBIT    10,000    20,000    0.0
    Interest coverage ratio per rating    3.4    3.4    0.0
    Available for interest    2,941    5,882    ERROR:#DIV/0!
    Interest rate    7.6%    7.6%    0.0
    Debt capacity    38,811    77,622    ERROR:#DIV/0!
    Existing debt    100,475    100,475    0.0
    Excess debt capacity:    -61,664    -22,853    ERROR:#DIV/0!
    The company is having negative working capital and the major portion of debt is short- term debt so it is difficult to repay the excess debt from existing capital structure.
PEER DATA
    DATA ON PEER COMPANIES (COMPARABLES)
                                Number of
        Percent Sales    Price/                Market    Shares    Last Annual
        from Ca
on Fiber    Earnings         Book    Book Value    Price    Outstanding    Dividend
     Name    Production    Ratio    Beta     Debt/Equity    per Share    per Share    (millions)    per Share
    Peer A    20%    9.0    1.10    0.23    1.24    1.37    9.3    1.82
    Peer B    95%    NMF    1.50    1.72    1.46    6.39    177.2    0.15
    Peer C    90%    18.2    1.70    1.33    7.06    27.48    8.9    none
    Peer D    30%    34.6    1.20    0.00    17.75    75.22    48.3    none
    Peer E    45%    NMF    1.50    0.42    6.95    22.19    371.2    1.57
    Note: NMF means not a meaningful figure. This arises when a company's earnings or projected earnings are negative.
                                                          
                                                          
                                                          
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
Q3 K-WACC
    WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED AVERAGE COST OF CAPITAL                WEIGHTED...