G P9-14 WACC Book weights and markat weighs Webster Company has compikd the in- formation shown in the following table. Book valu Market valu After-tax cost Long tem debe Preferred stodk 6.0% 13.0 $4000,000 3,40,000 40,000 60,000 Totals 100,000 $6.00 000 a. Calculate the weighted average cost of capital using book value wweights. b. Calculate the waghted average cost of capeal using market wile weights. e Compare the answers obtained in parts a and h. Expla in the differences