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please please solve this Question in 30 minutes QUESTION 19 Rowdy Corporation has a debt with a market value of $82 million, preferred stock with
please please solve this Question in 30 minutes
QUESTION 19 Rowdy Corporation has a debt with a market value of $82 million, preferred stock with a market value of $30 million, and common equity with a book value of $100 million. The market price of its common stock is $5.5 per share, and the firm has 16 million common shares outstanding. What is the weight of debt that Rowdy Corporation should use for its WACC calculation? O a. 4596 O b. 4896 O C. 3996 O d. 41%Step by Step Solution
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