In this video, we tackle a comprehensive Weighted Average Cost of Capital (WACC) exam question. You'll learn how to break down the WACC formula, understand its components (equity, debt, and preferred shares), and calculate market values to determine the total firm value. Step-by-step, we guide you through solving two detailed, exam-like problems. By the end, you’ll confidently approach any WACC question with a thorough understanding of the process. Perfect for finance students preparing for exams!