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Grand Forks inc.'s equity is currently selling for $55 per share, with 4 million shares outstanding. If the firm also has 7 thousand bonds outstanding,
Grand Forks inc.'s equity is currently selling for $55 per share, with 4 million shares outstanding. If the firm also has 7 thousand bonds outstanding, which are selling at 94 percent of par, what are the firms current capital structure weights?
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