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Assume JUP has debt with a book value of $25 million, trading at 120% of par value. The firm has book equity of $27 million,

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Assume JUP has debt with a book value of $25 million, trading at 120% of par value. The firm has book equity of $27 million, and 2 million shares trading at $20 per share. What weights should JUP use in calculating its WACC? A. 42.86% for debt, 57.14% for equity B. 38.57% for debt, 61.43% for equity C. 34.29% for debt, 65.71% for equity D. 30% for debt, 70% for equity

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