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QUESTION
28 The weights used in calculating a firm's weighted average cost of capital should be based on: Select one: Random weights based on book values of...
28
The weights used in calculating a firm's weighted average cost of capital should be based on:
Select one:
a. Random weights based on book values of debt, preferred stock, and equity
b. Target weights based on book values of debt, preferred stock, and equity
c. Random weights based on market values of debt, preferred stock, and equity
d. Target weights based on market values of debt, preferred stock, and equity
