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A firm has 1 million shares of common outstanding with a market price of $12 per share. The firms outstanding bonds have ten years to
A firm has 1 million shares of common outstanding with a market price of $12 per share. The firms outstanding bonds have ten years to maturity, a face value of
$5 million and a coupon rate of 10%, and sell for $985. What are the capital structure weights for equity and debt
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