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CC- Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following table:

CC- Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following table:

Calculate the firm's weighted average cost of capital.

Explain how the firm can use this cost in the investment decision-making process.

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The firm's weighted average cost of capital, ray using market value weights is

%. (Round to two decimal places.)

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CC-Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following tablin. Calculate the firm's weighted average cost of capital. Explain how the firm can use this cost in the investment decision-making process. The firm's weighted average cost of capital, ra, using market value weights is \%. (Round to two decimal places.) ue weights The market values and after-tax costs of various sources of capital use is weighted average cost of capital. firm can use this cost in the investment decision-making process. Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)

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