Question: I worked the problem but think i did it wrong (Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation

I worked the problem but think i did it wrong

I worked the problem but think i did it wrong (Defining capital

(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 Short-term debt $2,498 4,242 $2,498 4,242 35,760 Long-term debt Common equity 8.031 Total capital $42,500 $14,771 What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, w, is 15.9% (Round to one decimal place.) The appropriate weight of common equity, ws, is 84.1%. (Round to one decimal place.)

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