A firm has 12500 shares of stock outstanding that sell for


A firm has 12,500 shares of stock outstanding that sell for $42 each. The book value of equity is $400,000. The firm has also issued $250,000 face value of debt that is currently quoted at 101.2. What value should be used as the weight of equity when computing WACC?

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Financial Management: A firm has 12500 shares of stock outstanding that sell for
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