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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 $28 million,
Assume JUP has debt with a book value of $23 million, trading at 120% of par value. The firm has book equity of $28 million, and 2 million shares trading at $19 per share. What weights should JUP use in calculating its WACC? A. 42.07% for debt, 57.93% for equity B. 33.66% for debt, 66.34% for equity C. 29.45% for debt, 70.55% for equity D. 37.87% for debt, 62.13% for equity new equipment? A. $300,500 B. $100,000 C. $300,000 D. $270,000
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