Question Completion Status: Moving to another question will save this response. Question 26 Which of the following statements is False? When calculating WACC. In principle, the weights are calculated based on market value of equity and market value of debt net of cash. B. When calculating WACC in practice, we may use the book value of debt as a proxy for the market value of debt, especially for firms with high credit quality For a levered project, we are ultimately interested in the levered value of the project. To use the WACC method for a fevered project we should discount the unlevered cash flows of the levered project by the WACC. None of the above Moving to another question will save this response 1 Type here to search