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1- Why do we use market weights instead of book-value-based weights when computing WACC?  2- Would you ever adjust the cost of capital when analyzing a

1- Why do we use market weights instead of book-value-based weights when computing WACC?  2- Would you ever adjust the cost of capital when analyzing a project?  Why or why not? 

1- Why do we use market weights instead of book-value-based weights when computing WACC?  2- Would you ever adjust the cost of capital when analyzing a

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