Why do you think it is important to use the market values of debt and equity rather

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Why do you think it is important to use the market values of debt and equity rather than book values to calculate a firm’s WACC?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Mar 26, 2015 06:39 AM

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Why do you think it is important to use the market values of debt and equity rather

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Market values provide a better gauge of the true degree of leverage that a ...View the full answer

Introduction to Corporate Finance What Companies Do

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