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MV Corporation has debt with market value of $100 million, common equity with a book value of $101 million, and preferred stock worth $18 million
MV Corporation has debt with market value of $100 million, common equity with a book value of $101 million, and preferred stock worth $18 million outstanding. Its common equity trades at $46 per share, and the firm has 5.8 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is %. (Round to two decimal places.)
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
