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The Kevin Owens Company ( KO ) has 6 0 0 , 0 0 0 shares of common stock with a current market price per

The Kevin Owens Company (KO) has 600,000 shares of common stock with a current market price per share of $24. KO also has 15,500 bonds with a price of $869. Given this information, what is the weight of debt that would be used when calculating the WACC for KO?

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