Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.3. Assuming...
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Finance
Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.3. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation?
Assets
Liabilities & Equity
$1,040
Debt
$420
Equity
$620
The debt weight for the WACC calculation is
______%.
(Round to two decimal places.)
The equity weight for the WACC calculation is
______%.
(Round to two decimal places.)
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