Question: Bill's Boards has 6 . 4 million shares of common stock outstanding, 5 . 4 million shares of preferred stock outstanding, and 3 4 .
Bill's Boards has million shares of common stock outstanding, million shares of preferred stock outstanding, and thousand bonds. If the common shares are selling for $ per share, the preferred share are selling for $ per share, and the bonds are selling for percent of par, what would be the weight used for common stock in the computation of Bill's WACC?
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