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Assume JUP has debt with a book value of $20 million, trading at 120% of par value. The firm has book equity of $22 million,

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Assume JUP has debt with a book value of $20 million, trading at 120% of par value. The firm has book equity of $22 million, and 2 million shares trading at $20 per share. What weights should JUP use in calculating its WACC? A. 30% for debt. 70% for equity B. 26 25% for debt, 73 75% equity C. 37 5% for debt, 62.5% for equity D. 33 75% for debt 66.25% for equity

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