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The CEO of ABC Inc. thinks the WACC should be based on market value weights,...

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Accounting

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The CEO of ABC Inc. thinks the WACC should be based on market value weights, but the President of the Board thinks book weights are more appropriate whereas the CFO believes that WACC should be based on target component weights. Who is correct (assume that all required data can be obtained by the firm easily)? O CFO CEO None President of the Board

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