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Assume JUP has debt with a book value of $21 million, trading at 120% of par value. The firm has book equity of $22
Assume JUP has debt with a book value of $21 million, trading at 120% of par value. The firm has book equity of $22 million, and 2 million shares trading at $18 per share. What weights should JUP use in calculating its WACC? OA. 28.82% for debt, 71.18% for equity OB. 32.94% for debt, 67.06% for equity O C. 41.18% for debt, 58.82% for equity OD. 37.06% for debt, 62.94% for equity
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