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The Patrick Company is financed by long - term debt and common equity. The market value of the long - term debt is $ 1

The Patrick Company is financed by long-term debt and common equity. The market value
of the long-term debt is $1,180 thousand dollars, and the market value of the common equity is
$ 1,820 thousand dollars. What is the weight for long-term debt, Wd?

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