Question: (Defining capital structure weights) in August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows:

 (Defining capital structure weights) in August 2015 the capital structure of
the Emerson Electric Corporation (EMR) (measured in book and market values) was
as follows: ($ Millions) Book Value Market Value The appropriate weight of

(Defining capital structure weights) in August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: ($ Millions) Book Value Market Value The appropriate weight of debt, wg, is % (Round to one decimal place.) ($ Millions) Short-term debt Long-term debt Common equity Book Value $2,564 4,378 8,105 Market Value $2,564 4,378 35,779 The appropriate weight of debt, wd, is %. (Round to one decimal place.) Common equity Total capital 8,105 $15,047 35,779 $42,721 What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, wd, is %. (Round to one decimal place.)

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