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MV Corporation has debt with market value of $104 million, common equity with a book value of $102 million, and preferred stock worth $23 million

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MV Corporation has debt with market value of $104 million, common equity with a book value of $102 million, and preferred stock worth $23 million cutstanding. Its common equity trades at \$54 per share, and the firm has 5.9 million shares cutstanding. 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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