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Assume JUP has debt with a book value of $23 million, trading at 120% of par value. The firm has book equity of $24 million,

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Assume JUP has debt with a book value of $23 million, trading at 120% of par value. The firm has book equity of $24 million, and 2 million shares trading at $20 per share. What weights should JUP use in calculating its WACC? A. 28.58% for debt, 71.42% for equity B. 32.66% for debt, 67.34% for equity C. 36.75% for debt, 63.26% for equity D. 40.83% for debt, 59.17% for equity

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