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Question 5 3 pts Company X has 2 million shares of common stock outstanding at a book value of $2 per share. The stock trades

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Question 5 3 pts Company X has 2 million shares of common stock outstanding at a book value of $2 per share. The stock trades for $7 per share. It also has $2 million in face value of debt that trades at 95% of par. What is the weight of debt for WACC purposes? Enter as a percentage, round to two decimal places Question 6 3 pts

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