Question: 5. The basic WACC equation equity, where the weights equal the percentage of each type of financing in the firm's overall capital struct is the

 5. The basic WACC equation equity, where the weights equal the

5. The basic WACC equation equity, where the weights equal the percentage of each type of financing in the firm's overall capital struct is the symbol that represents the cost of preferred stock in the weighted average cost of capital (WACC) equation. Sean Co. has $3.99 million of debt, $2.08 million of preferred stock, and $1.17 million of common equity. What would be its weight on 55.11%22.98%25.86%31.60%

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