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Business, 03.04.2020 02:39 soevse

Wolverine World Wide Inc. (NYSE Ticker: WWW) has only common stocks and bonds outstanding with a target debt-equity ratio of 0.6. What are the target-level capital structure weights for WWW?

A. 30% of debt and 50% of equity
B. 37.5% of debt and 62.5% of equity
C. 40% of debt and 60% of equity
D. 60% of debt and 40% of equity

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