FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million
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Question:
FarCry Industries, a maker of telecommunications equipment, has million shares of common stock outstanding, million shares of preferred stock outstanding, and bonds. Suppose the common shares are selling for $ per share, the preferred shares are selling for $ per share, and the bonds are selling for percent of par.
What would be the weight used for equity in the computation of FarCrys WACC?
Note: Round your answer to decimal places.
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