Jackits has 66 million shares of common stock outstanding, Ask an Expert

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JackITs has 6.6 million shares of common stock outstanding, 2.6 million shares of preferred stock outstanding, and 36.00 thousand bonds. If the common shares are selling for $29.70 per share, the preferred share are selling for $15.10 per share, and the bonds are selling for 97.84 percent of par, what would be the weight used for equity in the computation of JackIT's WACC?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92168961

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