Book value versus market value components. The CFO af DMI is trying to determine the company's WACC. Brad, a promising MBA says that the company should use book value to assign the WACC components' percentages. Angela, a long time errgloyee and experienced financial analyst, says that the company should use market value to assign the components' percentages. The after-tax cost of lebt is at 8.9%, the cost of preferred stock is at 12.51%, and the cost of equity is at 18.92%. Calculate the WACC using both the book value and the market value approaches with the information in the popup window. Which do you think is better? What is the book value adjusted WACC for DMI? Data Table ]% (Round to two decimal places.) $0 $56,000 Click on We loon order to copy its contei Mito a spreadsheet DM Balance Sheet (S in thousands) Current assets $32,000 Current liabilities Long-term assets $66,000 Long-term liabilities Bonds payable Owners' equity Preferred stock Cornicin stack Total liabilities and Total assets $ $98,000 owners' equity $14,000 $28,000 $98,000 Click on the loon in order to copy its content into a spreadsheet. Market Information Debt Preferred Stock Outstanding 50,000 140,000 Market Price S918.23 $108.05 Common Stoch 1,120,000 $35.07 Print Done Enter your answer in the answer box and then click Check