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Examine the following book-value balance sheet for University Products Incorporoted. The preferred stock currently 5 ells for $15 per share and pays a dividend of

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Examine the following book-value balance sheet for University Products Incorporoted. The preferred stock currently 5 ells for $15 per share and pays a dividend of $3 a share. The common stock sells for $16 per shore and has a beta of 07. There are 1 million common shares outstanding. The market risk premium is 8%, the risk-free rate is 4%, and the firm's tox rate is 21%. a. What is the morket debt to value ratio of the firm? b. What is University's WACC

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