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A firm has a market capitalization (market value of equity) of $30 Billion and net debt of $11 Billion. Calculate the weight of debt in
A firm has a market capitalization (market value of equity) of $30 Billion and net debt of $11 Billion. Calculate the weight of debt in the firm's weighted average cost of capital (WACC) calculation. [Note: Enter your answer as a percentage rounded to two decimal places.
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