What is its ratio of debt to value for wacc purposes

Reference no: EM13290254

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?

Reference no: EM13290254

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