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The stock trades for 300 per share it also has 2 million in

Company X has 2 million shares of common stock outstanding at a book value of $2.00 per share. The stock trades for $3.00 per share. It also has $2 million in face value of debt that trades at 90% of par. What is its ratio of debt to value for WACC purposes?

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Finance Basics: The stock trades for 300 per share it also has 2 million in

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Finance Basics: The stock trades for 300 per share it also has 2 million in

Reference No:- TGS0628955

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Recent Questions Asked Finance Basics

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Ask an Expert for Answer!!

Finance Basics: The stock trades for 300 per share it also has 2 million in

Reference No:- TGS0628955

Recent Questions Asked Finance Basics

Q : Te voltage across an element is 12e to the power of -2t

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Q : The current supplied by a battery in a portable device is

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