Homework: Chapter 9 Homework Save Score: 0 of 1 pt 8 of 11 (3 complete) HW Score: 27.27%, 3 of 11 pts P9-13 (similar to) Question Help WACC-Book weights Ridge Tool has on its books the amounts and specific (after-tax) costs shown in the following table for each source of capital: a. Calculate the firm's weighted average cost of capital using book value weights. b. Explain how the firm can use this cost in the investment decision-making process. a. The firm's weighted average cost of capital, fa, using book value weights is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. 1 part remaining Clear All Check Answer . X i Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Source of capital Long-term debt Preferred stock Common stock equity Book value $850,000 $50,000 $400,000 Individual cost 6.6% 11.2% 14.1% Print Done