The weights used in the calculation of WhackAmOle WACC

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WhackAmOle has 4 million shares of common stock outstanding, 3.0 million shares of preferred stock outstanding, and 95,000 bonds. Assume the common shares are selling for $60 per share, the preferred shares are selling for $49.00 per share, and the bonds are selling for 103 percent of par. What would be the weights used in the calculation of WhackAmOle’s WACC? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131902395

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