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Mitchell Company's stock has 6 7 million shares outstanding and a current market price of $ 3 3 . Its bonds have $ 6 6
Mitchell Company's stock has million shares outstanding and a current market price of $ Its bonds have $ million of total par value, years to maturity, a coupon rate of semiannual coupon payments, and yieldtomaturity of The firm has no other classes of securities When computing the WACC, what weight should the firm assign to its cost of debt? Enter your answer as a decimal and show two decimal places.
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