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binomial tree farm financing includes $5 million of bank loans and $6 million book (face) value of 10-uear bonds which are selling at 95% of

binomial tree farm financing includes $5 million of bank loans and $6 million book (face) value of 10-uear bonds which are selling at 95% of par value. it's common equity is shown in Bionominals Annual report at $6.67. it has 500000 shares of common stock outstanding which trade on the Wichita stock exchange at $18 per share. what debt ratio should binomial use to calculate it's WACC?

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