Question
MV Corporation has debt with market value of $104 million, common equity with a book value of $103 million, and preferred stock worth $19 million
MV Corporation has debt with market value of $104 million, common equity with a book value of $103 million, and preferred stock worth $19 million outstanding. Its common equity trades at $53 per share, and the firm has 6.2 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.) The preferred stock weight for the WACC calculation is _______%. (Round to two decimal places.) The common equity weight for the WACC calculation is ________%. (Round to two decimal places.)
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