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17- 1-Suppose that a company's equity is currently selling for $26.25 per share and that there are 5.70 million shares outstanding. If the firm also

17- 1-Suppose that a company's equity is currently selling for $26.25 per share and that there are 5.70 million shares outstanding. If the firm also has 47 thousand bonds outstanding, which are selling at 109.50 percent of par, what are the firm's current capital structure weights for equity and debt respectively?

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