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A firm has a market capitalization (market value of equity) of $21 Billion and net debt of $3 Billion. Calculate the weight of debt in

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A firm has a market capitalization (market value of equity) of $21 Billion and net debt of $3 Billion. Calculate the weight of debt in the firm's weighted average cost of capital (WACC) calculation. [Note: Enter your answer as a decimal rounded to two decimal places. For example, if your answer is that the weight of debt it 23%, then enter .23]

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