Denso, Incorporated has outstanding bonds with 12 years to maturity, a coupon rate of 7%,...
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Denso, Incorporated has outstanding bonds with 12 years to maturity, a coupon rate of 7%, semi-annual coupon payments, a yield-to-maturity of 7.3%, and $604 million of total par value. Its stock price is $49, and there are 57 million shares outstanding. When computing the WACC, what weight (w) should the firm assign to its cost of debt? Enter your answer as a decimal and show two decimal places.
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