Question: Connect Only Problem 1 1 - 1 1 WACC Weights ( LG 1 1 - 4 ) WhackAmOle has 5 million shares of common stock

Connect Only Problem 11-11 WACC Weights (LG11-4)
WhackAmOle has 5 million shares of common stock outstanding, 4.0 million shares of preferred stock outstanding, and 100,000 bonds. Assume the common shares are selling for $58 per share, the preferred shares are selling for $47.00 per share, and the bonds are selling for 108 percent of par.
What would be the weights used in the calculation of WhackAmOle's WACC?
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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 Connect Only Problem 11-11 WACC Weights (LG11-4) WhackAmOle has 5 million

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