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The following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions): Determine the weight on debt capital that should be
The following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions): Determine the weight on debt capital that should be used to calculate Zonk's weighted-average cost of capital: a. 21.7% b. 50.0% c. 25.0% d. 58.2%
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