In theory, which of the following is true? The value of common shares on the financial statements (not the market value of common shares) should be used to weight the WACC. The WACC should weight the actual cost of debt and the actual cost of equity. The WACC should weight the current cost of debt and the current cost of equity. The cost of Equity used in the WACC calculation includes common shares as per the balance sheet but excludes retained earnings