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Suppose a firm has 10.4 million shares of common stock outstanding with a par value of $1 per share. The current market price per share

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Suppose a firm has 10.4 million shares of common stock outstanding with a par value of $1 per share. The current market price per share is $12. The firm has outstanding debt with a par value of $56 million selling at 102% of par. What capital structure weight would you use for debt when calculating the firm's WACC? Multiple Choice 0.686 o O 0.314 O 0.157 O 0.739 O o 0.843

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