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Book Value estimates of the cost of capital (WACC) tend be lower than Market Value estimates because _________. the market value weight of debt tends

Book Value estimates of the cost of capital (WACC) tend be lower than Market Value estimates because _________.

the market value weight of debt tends to be lower than the book value weight of debt and debt costs more.

the book value weight of debt tends to be higher than the market value weight of debt and debt costs less.

the market value weight of debt tends to be higher than the book value weight of debt and debt costs less.

the market value weight of debt tends to be higher than the book value weight of debt and debt costs more.

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