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 9.3%, the cost of preferred stock is at 13.44%, and the cost of equity is at 17.04%. Calculate the WACC using both the book value and the market value approaches with the information in the popup window: D. Which do you think is better? TER What is the book value adjusted WACC for DMI? % (Round to two decimal places.) - X Data table SO $52,000 Click on the icon in order to copy iis content into a spreadsheet. DMI Balance Sheet($ in thousands) Current assets $30,694 Current liabilities Long-term assets S63,306 Long-term liabilities Bonds payable Owners' equity Preferred stock Common stock Total liabilities and Total assets S94.000 owners' equity $13.000 $29.000 $94.000 Click on the icon in order lo copy its content into a spreadsheet. Market Information Debt Preferred Stock Outstanding 52,000 130.000 Market Price $1,010.31 $100.68 Common Stock 1,160.000 $35.69