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Please need help! JP Morgan has $36.1 million of market capitalization (total equity). The company also recently issued $42.4 million debt. What weight should be
Please need help!
JP Morgan has $36.1 million of market capitalization (total equity). The company also recently issued $42.4 million debt. What weight should be given to the debt when the firm computes its weighted average cost of capital?
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90%
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66%
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45%
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54%
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