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Assuming ABC Corp. has debt with a book (face) value of $15 million, trading at 85% of face value. It also has book equity of
Assuming ABC Corp. has debt with a book (face) value of $15 million, trading at 85% of face value. It also has book equity of $11 million, and 1.5 million shares of common stock trading at $20 per share. What weights should Great Lakes use in calculating its WACC
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