Assume JUP has debt with a book value of $24 million, trading at 120% of par value. The firm has book equity of $28 million, and 2 million shares trading at $20 per share. What weights should JUP use in calculating its WACC? A) 33.49 % for debt, 66.51% for equityB) 29.30 % for debt, 70.70 % for equityC) 37.67% for debt, 62.33 % for equityD) 41.86 % for debt, 58.14% for equity
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