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Assume the total market value of General Motors (GM) is $100 billion. GM has a market value of $63 billion of equity and a face
Assume the total market value of General Motors (GM) is $100 billion. GM has a market value of $63 billion of equity and a face value of $50 billion of debt. What is the weight for debt? Please enter your answer as a percent with no decimal places and no \% symbol. Therefore, if your answer is .0522 or 5.22%, enter your answer as 5
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