P9-13 (similar to) Question Help WACCMarket value welghts 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 weighte es.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Source of capital Market value Individual cost Long-term debt $950,000 6.7% Preferred stock $80,000 11.2% Common stock equity $400,000 17.2% Print Done ? Enter your answer in the answer box and then click Check Answer. part Clear All Check