Friends pls solve ma query..
While calculating WACC if retained earnings are given in book value but not in market value....i have seen 2 things in same type of 2 questions.
1. They had bifercated market value of ESC in the ratio of book value of Esc nd retained earnings.
2. . In t other numerical they hadnt take retained earning at all. ..pls tel me t corect procedure regaring this