What equity proportion should be used when calculating WACC for a firm with $50 million in debt selling at 85% of par, $50 million in book value of equity, and $65 million in market value of equity? Multiple Choice 50.00% 56.55% 54.18% 60.47%

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What equity proportion should be used when calculating WACC for a firm with $50 million in debt selling at 85% of par, $50 million in book value of equity, and $65 million in market value of equity?  Multiple Choice  50.00%  56.55%  54.18%  60.47%

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