Sports corp has 111 million shares of common stock, Ask an Expert

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Sports Corp has 11.1 million shares of common stock outstanding, 6.1 million shares of preferred stock outstanding, and 2.1 million bonds. If the common shares are selling for $26.1 per share, the preferred share are selling for $13.6 per share, and the bonds are selling for 96.89 percent of par, what would be the weight used for equity in the computation of Sports's WACC?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92744351

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