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Business, 29.10.2019 02:31 paatnguyyen

Omg inc. has 6 million shares of common stock outstanding, 5 million shares of preferred stock outstanding, and 7,000 bonds. suppose the common shares are selling for $28 per share, the preferred shares are selling for $27 per share, and the bonds are selling for 108 percent of par.

what weight should you use for debt in the computation of omg’s wacc? (round your answer to 2 decimal places.)

weight used %

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