P11-12 (similar to) Question Help Book value versus marker value components The CFO of 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 employee and experienced financial analyst, says that the company should use market value to assign the components percentages The after-tax cost of debts at 9 3% the cost of preferred stock at 13 83%, and the cost of equity is at 18 05% 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 -x (Round to two decimal places.) $32,653 67,347 Current assets Current liabilities S0 Long-term assets Long-term liabilities Bonds payable Owners equity $62,000 Preferred stock Common stock Total liabilities and $12.000 26,000 Total $100,000 100.000 Market Information Enter your answer in the answer box and then ket Price