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MV corporation has debt with market value of $99 million, common equity with a book value of $104 million and preferred stock worth $19 million

MV corporation has debt with market value of $99 million, common equity with a book value of $104 million and preferred stock worth $19 million outstanding. Common equity trades at $45 per share, and the firm has 6.3 million shares outstanding.

A) What is the debt weight for the WACC calculation? ___% please round to 2 decimal places.

B) what weights should MV corporation use in its WAAC?

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