MV Corporation has debt with market value of $99 million, common equity with a book value of $99 million, and preferred stock worth $19 million outstanding

Finance Mar 03, 2022

MV Corporation has debt with market value of $99 million, common equity with a book value of $99 million, and preferred stock worth $19 million outstanding. Its common equity trades at $49 per share, and the firm has 5.9 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is %. (Round to two decimal places.)