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1 points Save Answer Firm Poox has $2 million in outstanding long-term debt (face value), the current quote - $980, coupon rate of 9%, semiannual

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1 points Save Answer Firm Poox has $2 million in outstanding long-term debt (face value), the current quote - $980, coupon rate of 9%, semiannual coupons, 10 years to maturity, and the tax rate -40%. It also has short-term viabilities (6 months) with a market value of $500,000. If the current value of the equity is $1 million with a book value of $1,5 million, what is the weight of the debt in the WACC calculations? 57.1% 66.296 62.5% 71.1% None of the above

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