Book value versus market value components. The CFO of DMI is trying to determine the company's WACC. Brad, a promising MBA, says that the company should use book value to assign the WACC components' percentages. Angela, a long-time employee and experienced financial analyst, says that the company should use market value to assign the components' percentages. The after-tax cost of debt is at 11.8%, the cost of preferred stock is at 15.29%, and the cost of equity is at 19.29%. Calculate the WACC using both the book value and the market value approaches with the information in the popup window: B. Which do you think is better? What is the book value adjusted WACC for DMI? a X Data table 14,06 % (Round to two decimal places.) What is the market value adjusted WACC for DMI? % (Round to two decimal places.) $0 Click on the icon in order to copy its content into a spreadsheer. DMI Balance Sheet($ in thousands) Current assets $33,633 Current liabilities Long-term assets $69,367 Long-term liabilities Bonds payable Owners' equity Preferred stock Common stock Total liabilities and Total assets S103,000 owners' equity $65,000 $13,000 $25,000 S103,000 Click on the icon in order to copy its content into a spreadsheer. Market Information Debt Preferred Stock Outstanding 65,000 130,000 Market Price $1,022.15 $97.42 Common Stock 1,000,000 $36.79