Do you use market value weights for target debt to equity ratio when calculating WACC? when calculating unlevered beta? any other instances that need clarification that I have not mentioned? Thank you.
If its invested capital ($WACC), its book value. For calculating EVA and Economic Profit.
Remember its D/A and not D/E to calculating WACC.
I posted some stuff on DR under another thread, about FCFE and all that