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Nelson's Landscaping has 860,000 bonds outstanding that are each selling for 95 percent of par. The company also has 9,000,000 shares of common stock at

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Nelson's Landscaping has 860,000 bonds outstanding that are each selling for 95 percent of par. The company also has 9,000,000 shares of common stock at a market price of $45 a share. What is the weight of the common stock as it relates to the firm's weighted average cost of capital? Enter your answer as a decimal rounded to three digits, i.e. 0.328)

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