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A company has a total book value capitalization of $1,500,000 composed of just debt and equity. Book value of debt $600.000. The bond trade price
A company has a total book value capitalization of $1,500,000 composed of just debt and equity. Book value of debt $600.000. The bond trade price of $900, while companh has 100,000 shares of equity outstanding ag the price of $6/share. What should you use as the percentage of equity in the capital structure to calculating the company WACC?
Please help me explain the steps. Thank you!!
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