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Business, 17.12.2021 01:00 Banana2819

Decker's has 1,200 bonds outstanding that are currently selling for $924 each. These bonds have a face value of $1,000 each. The company also has 2,500 shares of preferred stock with $100 per share face value that have a current market price of $26 a share. The common stock is currently priced at $36 a share and there are 28,000 shares outstanding. What is the weight of the common stock as it relates to the firm's weighted average cost of capital

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