3. Now find the weights for WACC. Use the book value (from the balance sheet) of long-term...
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3. Now find the weights for WACC. Use the book value (from the balance sheet) of long-term debt as an estimate of the market value of debt. Then find total market capitalization (total mar- ket value of equity) from Financial Highlights. Finally, calculate the proportions of each.
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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