Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for the weights in the weighted average cost of capital the after$-$tax cost of debt is $9\mathrm{.}5\%$ for both companies and the cost of equity is $14\mathrm{.}16\%,$ which company has the higher WACC?

What is the book value adjusted WACC for Trout, Inc?

$\%.($Round to two decimal places.$)$

ata table

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Trout, Inc.

Current assets

$$2,888,889$

Long$-$term assets:

$$10,111,111$

Current liabilities:

$$1,984,013$

Total assets: $,$$$13,000,000$

Long$-$term liabilities:

$$7,863,318$

Owners' equity:

$$3,152,669$

Salmon Enterprises

Bonds outstanding: $3,000$ selling at $$997\mathrm{.}66$

Common stock outstanding: $260,000$ selling at $$39\mathrm{.}98$