Used for equity in the computation of wacc

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Carrie D's has 6.3 million shares of common stock outstanding, 2.3 million shares of preferred stock outstanding, and 13.00 thousand bonds. If the common shares are selling for $15.30 per share, the preferred shares are selling for $28.30 per share, and the bonds are selling for 108.97 percent of par, what would be the weight used for equity in the computation of Carrie D's WACC?

Reference no: EM132028534

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