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Suppose that Lil John Industries equity is currently selling for $27 per share and that 1.0 million shares are outstanding. Assume the firm also has

Suppose that Lil John Industries equity is currently selling for $27 per share and that 1.0 million shares are outstanding. Assume the firm also has 20,000 bonds outstanding, and they are selling at 104 percent of par. What are the firms current capital structure weights? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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