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Votheus Corp. plans to finance the purchase of a new manufacturing plant with a combination of...

Votheus Corp. plans to finance the purchase of a new manufacturing plant with a combination of debt and equity. The plant will cost $91,321 total, of which $28,333 will be financed by new common stock. The remainder will be financed by debt. What is the proportion of equity financing for use in the WACC calculation? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)

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Answer #1

What is the proportion of equity financing for use

=28333/91321

=31.03%

the above is answer..

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