Should the total market value be 235,538,440? You wrote $150,084,800 when calculating the weight of each component.

Weight of each component: We need to determine the weights of each component by dividing their market values by the total market value of capital. Weight of Bonds = (Current market price * Number of bonds) / Total market value of capital =($899.2481,000)/($899.2481,000+$90.00150,000+ $29.845,000,000)=$72,775,440/$150,084,800=0.4846 Weight of Preferred Stock =( Market price Number of shares) / Total market value of capital =($90.00150,000)/($899.2481,000+$90.00150,000 $29.845,000,000)=$13,500,000/$150,084,800=0.0899 Weight of Common Stock =( Current market price Number of shares )/ Total market value of capital =($29.845,000,000)/($899.2481,000+$90.00 150,000+$29.845,000,000)=$149,200,000/$150,084,800=0.9930 WACC Calculation: WACC =( Weight of Bonds * Cost of Bonds )+( Weight of Preferred Stock * Cost of Preferred Stock) +( Weight of Common Stock * Cost of Common Stock) = (0.48465.51%)+(0.08996%)+(0.993013.59%)=2.67%+0.54%+13.49% =16.7% Dmiart . Total Market Valve =235,538,440.00