Let the book value balance sheet be represented by these symbols:

A = L + OE

Let the market value balance sheet be represented by these symbols:

V = D + E

When finding the WACC, which equity-to-assets ratio (weight in equity) should ideally be input into the WACC formula?

Select one:

a. OE / A

b. E / V

c. OE / V

d. E / A