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6. Financial Leverage Frusciante: Inc has EQUDDU bonds outstanding. The bonds have a par value of $1 ,U, a coupon rate of 7 percent paid

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6. Financial Leverage Frusciante: Inc\" has EQUDDU bonds outstanding. The bonds have a par value of $1 ,U, a coupon rate of 7 percent paid semiannually, and 3 years to maturity. The current YTM on the bonds is 7'5 percent. The company also has It} million shares of stock outstanding, with a market price of $23 per share. \"rhat is the company's market value debtequity ratio?J

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