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:$$LOADING$....$ If the$$ after$-$tax cost of debt is $7\mathrm{.}6\%$ for both companies and the cost of equity is $13\mathrm{.}47\%,$ which company has the higher$$ WACC?

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Part $1$

What is the book value adjusted WACC for$$ Trout, Inc.?