Town crier has 108 million shares of common stock, Ask an Expert

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Town Crier has 10.8 million shares of common stock outstanding, 2.8 million shares of preferred stock outstanding, and 18.00 thousand bonds. If the common shares are selling for $28.80 per share, the preferred shares are selling for $16.30 per share, and the bonds are selling for 96.92 percent of par, what would be the weight used for equity in the computation of Town Crier's WACC?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91944595

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