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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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