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please do it in 20 minutes please urgently. I'll give you up thumb definitely 17 The publicly traded debt of a company was recently quoted

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please do it in 20 minutes please urgently. I'll give you up thumb definitely

17 The publicly traded debt of a company was recently quoted at 85% of face value. The market value of the company's equity is $13,600,000. The book values of the company's debt and equity are $4,000,000 and $11,500,000, respectively. Assume you were calculating this company's WACC. For the capital structure weights, what debt financing weighting woud you use for this company? 4 points 01:53:58 Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response

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