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Suppose a firm's debt - equity ratio is 1 . 5 3 . If 3 2 % of their stock is preferred stock, what is

Suppose a firm's debt-equity ratio is 1.53. If 32% of their stock is preferred stock, what is the weight that should be used for their common stock? (Enter your answer in decimal form; i.e. for 50% enter 0.50)

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