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MV Corporation has debt with market value of $96million, common equity with a book value of $96million, and preferred stock worth of $23million outstanding. Its
MV Corporation has debt with market value of $96million, common equity with a book value of $96million, and preferred stock worth of $23million outstanding. Its common equity trades at 53$ per share, and the firm has 6.4 million shares outstanding. What weights should MV Corporation use in its WACC?
(Round to two decimal places)
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