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Company X has 2 M common shares outstanding at a book value $2/sh. The stock trades at $3/sh. It also has $2 M in face
Company X has 2 M common shares outstanding at a book value $2/sh. The stock trades at $3/sh. It also has $2 M in face value debt that trades at 90% of par. What is its ratio of debt to value for WACC...
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