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MV Corporation has debt with market value of $ 100 million, common equity with a book value of $ 98 million, and preferred stock worth

MV Corporation has debt with market value of $ 100 million, common equity with a book value of $ 98 million, and preferred stock worth $ 20 million outstanding. Its common equity trades at $ 45 per share, and the firm has 5.9 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is nothing%. (Round to two decimal places.)

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