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Business, 31.07.2021 03:50 ctaylor15

Team Sports has 4.9 million shares of common stock outstanding, 2.9 million shares of preferred stock outstanding, and 29 thousand bonds. If the common shares are selling for $3.90 per share, the preferred share are selling for $15.9 per share, and the bonds are selling for 98.91 percent of par, what would be the weight used for common stock in the computation of Team's WACC

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Team Sports has 4.9 million shares of common stock outstanding, 2.9 million shares of preferred stoc...
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