= Homework: Chapter 14 Homework Question 1, P14-2 (similar to) Part 1 of 2 (Defining...
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= Homework: Chapter 14 Homework Question 1, P14-2 (similar to) Part 1 of 2 (Defining capital structure weights) in August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: Book Value Market Value ($ Millions) Short-term debt Long-term debt $2,503 $2,503 4,232 4,232 Common equity 8,025 35,702 Total capital $14,760 $42,437 (Click on the icon in order to copy its contents into a spreadsheet.) What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, w. is 16.3 %. (Round to one decimal place.)
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