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Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.7. Assuming the market value of debt equals its book value, what
Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.7. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation? Liabilities & Equity Assets $1,070 Debt $460 Equity $610 The debt weight for the WACC calculation is %. (Round to two decimal places.) The equity weight for the WACC calculation is %. (Round to two decimal places.)
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