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Business, 30.07.2021 01:00 ramberson101

Sports Corp has 11.7 million shares of common stock outstanding, 6.7 million shares of preferred stock outstanding, and 2.7 million bonds. If the common shares are selling for $26.7 per share, the preferred share are selling for $14.2 per share, and the bonds are selling for 96.83 percent of par, what would be the weight used for common stock in the computation of Sports's WACC

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Sports Corp has 11.7 million shares of common stock outstanding, 6.7 million shares of preferred sto...
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