What is the book value adjusted WACC for DMI? What is the market value adjusted WACC for DMI?(round to two decimal places)

Book value versus market value components. The CFO of DMI is trying to determine the company's WACC. Brad, a promising MBA says that the company shoul 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 debt is at 11.6%, the cost of preferred stock is at 16.39% and the cost of equity is at 20.54%. 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? UNCK UN TEICU muruer eu cupy ns curieranno a spraustivel DMI Balance Sheet ($ in thousands) Current assets $31,347 Current liabilities 50 Long-term assets $64.653 Long-term liabilities Bonds payable $57,000 Owners' equity Preferred stock $12,000 Common stock $27,000 Total liabilities and Total assets $96,000 owners' equity $96,000 Market Information Outstanding Market Price Debt 57,000 $982.16 Preferred Stock 120,000 $109.99 Common Stock 1,080,000 $37.82