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Use the information below to find the percentage that the loan and bond issue contribute to this company's total debt. Market value, $30,000,000 loan

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Use the information below to find the percentage that the loan and bond issue contribute to this company's total debt. Market value, $30,000,000 loan Market value, 35,000,000 bonds Loan interest 0.050 rate Bonds yield to 0.060 maturity Tax rate 0.30 Shares 10,000,000 Price per share 3.00 Beta 2.00

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