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Compute the weight of common equity that should be used in the firm's WACC calculation if the market value of the firm's debt is $57

Compute the weight of common equity that should be used in the firm's WACC calculation if the market value of the firm's debt is $57 million, the market value of the firm's preferred stock is $7 million and the market value of the firm's common equity is $111 million.

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