Team sports has 4 million shares of common stock, Ask an Expert

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Team Sports has 4 million shares of common stock outstanding, 2 million shares of preferred stock outstanding, and 20 thousand bonds. If the common shares are selling for $30 per share, the preferred share are selling for $15 per share, and the bonds are selling for 99 percent of par, what would be the weight used for equity in the computation of Team's WACC?

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Category:- Basic Finance
Reference No.:- M9862195

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