Question: Question 20 2 points Save Answer A firm's equity comprises of common stock trading at $4 per share with 15 million shares outstanding and debt

Question 20 2 points Save Answer A firm's equity comprises of common stock trading at $4 per share with 15 million shares outstanding and debt with par value of 50 million with yield to maturity of 8%. The coupon rate for the debt is 6% and the maturity is in 10 years. What is the market value weight for the debt in the computation of the weighted average cost of capital? 38.2% 40.1% 41.9%

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