Team sports has 6 million shares of common stock, Ask an Expert

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Team Sports has 6 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 200 thousand bonds ($1,000 par). If the common shares are selling for $24.50 per share, the preferred share are selling for $20 per share, and the bonds are selling for 65 percent of par, what would be the weight used for equity in the computation of Team's WACC?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91265703

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