12 4 points Company X has 2 million shares of common stock outstanding at a book value of $1 per share. The stock is currently priced at $5.00 per share. The company also has $2 million in face value of debt, with exactly 15 years remaining until maturity and a coupon rate of 10% paid semiannually. The yield to maturity on the bonds is 12% What is the weight of debt capital to be used in calculating the firm's weighted average cost of capital (WACC)? 14.71% 15.30% 46.30% 50.00%