Equity in the computation of bill wacc

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Bill's Boards has 6.7 million shares of common stock outstanding, 5.7 million shares of preferred stock outstanding, and 37.00 thousand bonds. If the common shares are selling for $29.80 per share, the preferred share are selling for $18.70 per share, and the bonds are selling for 95.83 percent of par, what would be the weight used for equity in the computation of Bill's WACC?

Reference no: EM131509014

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