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Homework: Chapter 09 Homework Save Score: 0 of 1 pt 8 of 10 (1 complete) HW Score: 1.67%, 0.17 of 10 pts P9-13 (similar to) # Question Help WACC-Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following table: a. Calculate the firm's weighted average cost of capital. b. Explain how the firm can use this cost in the investment decision-making process. a. The firm's weighted average cost of capital, ;, using market value weights is |%. (Round to two decimal places.) i Data Table X (Click on the icon here _] in order to copy the contents of the data table below into a spreadsheet.) Source of capital Market value Individual cost Long-term debt $800,000 7.9% Preferred stock $30,000 11.2% Common stock equity $550,000 15.2% Print Done Enter your answer in the answer box and then click Check Answer. ? part remaining Clear All Check