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Suppose Corporation A has a book ( face ) debt value of $ 4 Million USD, trading at 7 9 % of its face value.

Suppose Corporation A has a book (face) debt value of $4 Million USD, trading at 79% of its face value. It also has book equity of $15 Million USD, and 9 Million shares of common stock trading at $11 per share. What weights should Corporation A use for Debt capital when calculating its WACC? Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05"

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