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Wacc for Fedex Corp.

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Wacc for Fedex Corp.
Preface
First of all, I would like to thank Ms. Thuy for her enthusiastic guidance and response all of questions to help me complete this exercise easily. Simultaneously, thanks to her professional lectures on class which also build me with deep understanding of how to access and deal with problems in financial management so that I can complete this report. All of the data is collected through 2 website: http://finance.yahoo.com/ and http://www.finra.org/

I. ABOUT FEDEX CORPORATION:
FedEx Corporation is a holding company. The Company provides a portfolio of transportation, e-commerce and business services under the FedEx brand, originally known as FDX Corporation, is an American global courier delivery services company headquartered in Memphis, Tennessee. FedEx Corporation is a Delaware corporation, incorporated October 2, 1997. FDX Corporation was founded in January 1998 with the acquisition of Caliber System Inc. by Federal Express, the world's largest airline in terms of freight tons flown and the world's fourth largest in terms of fleet size, delivering packages and freight to more than 375 destinations in nearly every country each day. With the purchase of Caliber, FedEx started offering other services besides express shipping.
The Standard Carrier Alpha Code (SCAC) is a unique code used to identify transportation companies. It is typically two to four alphabetic letters long. It was developed by the National Motor Freight Traffic Association in the 1960s to help the transportation industry for computerizing data and records. FedEx's codes include: * FDE – FedEx Express * FDEG – FedEx Ground * FXFE – FedEx Freight * FDCC – FedEx Custom Critical

II. STATISTICS AND CALCULATION:

1. Summary statistics:
Accroding to the collected data:
There is one non- callable bond issues of FedEx Corporation (FDX) in the ten-year maturity which is FDX.GD, use its yield of maturity as the pre-tax cost of debt. * Market value of

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