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Equity in the computation of team wacc

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Team Sports has 4.6 million shares of common stock outstanding, 2.6 million shares of preferred stock outstanding, and 26 thousand bonds. If the common shares are selling for $3.60 per share, the preferred share are selling for $15.6 per share, and the bonds are selling for 98.94 percent of par, what would be the weight used for equity in the computation of Team's WACC?

Reference no: EM132093449

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