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XL Corporation has debt with market value of $96 million, ordinary shares with a book value of $97 million, and preference shares worth $18 million

XL Corporation has debt with market value of $96 million, ordinary shares with a book value of $97 million, and preference shares worth $18 million outstanding. Its ordinary shares trade at $47 each, and the firm has 6.5 million shares outstanding. What weights should XL Corporation use in its WACC?

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