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1a You now need to calculate the cost of debt for Tesla. Consider the following four bonds issued by Tesla: What is the weighted average

1a You now need to calculate the cost of debt for Tesla. Consider the following four bonds issued by Tesla: What is the weighted average cost of debt for Tesla using the book value weights and the market value weights? Does it make a difference in this case if you use book value weights or market value weights? 04/20/2020

Why is my book value weights and market value weights percentage the same amount but the total is different? Did I input the formula wrong? Please help

Book Value Book Value Weight Yield to Maturity Weighted Average Cost
1 1,200,000 32.88% -70.183 -23.07386301
2 850,000 23.29% -39.192 -9.12690411
3 1,600,000 43.84% -20.192 -8.851287671
Total 3,650,000
Weighted Average Cost of Debt (Book Value)
Market Value Market Value Weight Yield to Maturity Weighted Average Cost
1 1,380,000 32.88% -70.183
2 977,500 23.29% -39.192
3 1,840,000 43.84% -20.192
Total 4,197,500
Weighted Average Cost of Debt (Market Value)

Am I doing the formula wrong because I'm getting the same market and book value?

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