Question: Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for
Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for the weights in the weighted average cost of capital.... If the after-tax cost of debt is 8.1% for both companies and the cost of equity is 12.45%, which company has the higher WACC? Show all work please.

Trout, Inc. Current assets: $3,111,111 Current liabilities: $2,164,206 Long-term liabilities: Owners' equity: Long-term assets: $10,888,889 $8,295,954 Total assets: $14,000,000 $3,539,840 Salmon Enterprises Bonds outstanding: 3,000 selling at S982.99 Common stock outstanding: 260,000 selling at $33.08
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