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Calculate the capital structure weight of debt given the following information: (Not all information might be used) . . The company issues only common stock

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Calculate the capital structure weight of debt given the following information: (Not all information might be used) . . The company issues only common stock and coupon bonds. The company has a debt-equity ratio of 1.45. - The cost of equity is 13.3 percent and the pretax cost of debt is 7.5 percent. The tax rate is 40 percent. The weight of the debt is: (Do not round intermediate calculations and round your answer to 2 decimal places. Input percentage points only, no % sign, e.g. 32.16

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