Please List References
1. What is the WACC for American Airlines? Make sure that the analysis carefully explains the cost of each of the components of the capital structure. Why is a determination of the debt component a problematic area for bank cost of capital? What is a recommended workaround for determining cost of debt?
2. What is the Beta of the stock for American Airlines?
3. Does American Airlines appear to manage earnings (i.e., attempt to smooth earnings)?