Solar shades has 6.4 million shares of common stock outstanding, 5.4 million shares of preferred stock outstanding, and 24 thousand bonds. if the common shares are selling for $29.50 per share, the preferred share are selling for $31.40 per share, and the bonds are selling for 104.86 percent of par, what would be the weight used for equity in the computation of solar shade's wacc?

54.13%

33.33%

49.23%

66.67%

52.32%

Explanation:

The computation of the weighatge of equity is shown below:

= Equity value ÷ Total firm value

where,

Equity value = 6,400,000 × $29.50 = $188,800,000

Preferred stock value = 5,400,000 × $31.4= $169,560,000

Bonds value = 24,000 × $104.86 = $2,516,640

Total = $360,876,640

Now put these values to the above formula  

So, the value would equal to

= $188,800,000 ÷ $360,876,640

= 52.32%

This is the answer but the same is not provided in the given options

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; experimentation;