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The total book value of WTC??s equity is $11 million, and bookvalue per share is $20. The stock has a market-to-book ratio of1.5, and the

The total book value of WTCâ??s equity is $11 million, and bookvalue per share is $20. The stock has a market-to-book ratio of1.5, and the cost of equity is 14%. The firmâ??s bonds have a facevalue 2 answers

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