Homework: Chapter 9 Homework Score: 0 of 1 pt P9-13 (similar to) 8 of 11 14 completely WACC-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: a. Calculate the firm's weighted average cost of capital b. Explain how the firm can use this cost in the investment decision-making process a. The firm's weighted average cost of capital, r, using market value weights is % (Round to two decimal places.) i Data Table (Click on the icon here into a spreadsheet.) in order to copy the contents of the data table below Individual cost 76% Source of capital Long-term debt Preferred stock Common stock equity Market value $950 000 $60,000 $550.000 11.8% 17.1% Print Done