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Business, 02.12.2019 07:31 amedaldafari

Farcry industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 10,000 bonds. suppose the common shares are selling for $26 per share, the preferred shares are selling for $14.00 per share, and the bonds are selling for 97 percent of par.

what would be the weight used for equity in the computation of farcry’s wacc? (round your answer to 2 decimal places.)

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