Betterpie industries has 6 million shares of common stock, Ask an Expert

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BetterPie Industries has 6 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 15,000 bonds. Assume the common shares are selling for $47 per share, the preferred shares are selling for $24.50 per share, and the bonds are selling for 99 percent of par. What would be the weights used in the calculation of BetterPie’s WACC? (Do not round intermediate calculations and round your answers to 2 decimal places.)

Equity weight %

Preferred stock weight %

Debt weight %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92352094

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