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A company has a total book value capitalization of $1000000 composed of just debt and equity. The book value of debt is $600000. The bonds
A company has a total book value capitalization of $1000000 composed of just debt and equity. The book value of debt is $600000. The bonds trade at a price of $900 while the company has 100,000 shares of equity outstanding that trade at price $6 per share. What would should you use as the percentage of equity in the capital structure if you are calculating the WACC
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