Why do we use market-based weights instead of book-value-based weights when computing the WACC? (LG4)

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Why do we use market-based weights instead of book-value-based weights when computing the WACC? (LG4)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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