Team sports has 44 million shares of common stock

Reference no: EM13623580

Team Sports has 4.4 million shares of common stock outstanding, 2.4 million shares of preferred stock outstanding, and 24 thousand bonds. If the common shares are selling for $3.40 per share, the preferred share are selling for $15.4 per share, and the bonds are selling for 98.96 percent of par, what would be the weight used for equity in the computation of Team's WACC?

Reference no: EM13623580

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