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P11-11 (similar to) Question Help Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the

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P11-11 (similar to) Question Help Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for the weights in the weighted average cost of capital: If the after-tax cost of debt is 10.2% for both companies and the cost of equity is 15.44%, which company has the higher WACC? What is the book value adjusted WACC for Trout, Inc.? Data Table - X % (Round to two decimal places.) Click on the Icon in order to copy its content into a spreadsheet. Trout, Inc. Current assets: $2,000,000 Current liabilities: Long-term assets $7,000,000 Long-term liabilities: Total assets: $9,000,000 Owners' equity $661.293 $5,525,485 $2,813,222 Salmon Enterprises Bonds outstanding: 3,000 selling at $1,063.46 Common stock outstanding: 260,000 selling at $23.87 Print Done Enter your answer in the answer box and then click Check Answer. 2 pemaining Clear All Check

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