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 7.8% for both companies and the cost of equity is 11.93%, which company has the higher WACC? What is the book value i -X Data table 9.87% (Round to two Click on the Icon in order to copy its content into a spreadsheet Trout, Inc. Current liabilities Current assets: Long-term assets Total assets: $1.333,333 $4.666,667 $6,000,000 Long-term liabilities Owners' equity Salmon Enterprises Bonds outstanding 3,000 selling at $1,072.49 Common stock outstanding 260.000 selling at $30.37 $573.903 $3,553,166 $1.872.931