the discounted cash flow method of estimating the cost

Heston Construction Company's balance sheet shows a total of noncallable 555 million long-term debe with a coupon rate of 7.00% and a yield to maturity of 5.00%. This debt currently has market value of $60 alin. The balance sheet shows that the company has 10 million s of common work, the book of the common equity (commonweck plus retained caring) is 580 million. The current stock price is $25,00 per here tockholders' required retum. re, in 15.00% and the firm's tax rate in 35%. The Crookes the WACC should be based on ma l e weight, but the president this book weight rrite What is the difference between these two WACC