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 7.4% for both companies and the cost of equity is 11.98%, which company has the higher WACC? What is the book value adjusted WACC for Trout, Inc.? \% (Round to two decimal places.) Salmon Enterprises Bonds outstanding: 3,000 selling at $928.57 Common stock outstanding: 260,000 selling at $26.73