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Assume JUP has debt with a book value of $24 million, trading at 120% of par value. The firm has book equity of $23 million,
Assume JUP has debt with a book value of $24 million, trading at 120% of par value. The firm has book equity of $23 million, and 2 million shares trading at $19 per share. What weights should JUP use in calculating its WACC? O A. 30.18% for debt, 69.82% for equity B. 43.11% for debt, 56.89% for equity C. 34.49% for debt, 65.51% for equity D. 38.8% for debt, 61.2% for equity
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