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Food Shoppe Galore had the following information: Total market value of a companys stock: $650 million Total market value of the companys debt: $150 million
Food Shoppe Galore had the following information:
Total market value of a companys stock: $650 million
Total market value of the companys debt: $150 million
What is the weighted average of the companys debt?
18.75%
40.75%
55.75%
81.25%
90.50%
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