Question: Help please! I cannot figure out what the preferred stock weight % is. *** IT IS NOT 31 WhackAmOle has 2 million shares of common

Help please! I cannot figure out what the preferred stock weight % is. ***IT IS NOT 31

WhackAmOle has 2 million shares of common stock outstanding, 1.5 million shares of preferred stock outstanding, and 50,000 bonds. Assume the common shares are selling for $64 per share, the preferred shares are selling for $53.00 per share, and the bonds are selling for 104 percent of par.

What would be the weights used in the calculation of WhackAmOles WACC? (Do not round intermediate calculations and round your answers to 2 decimal places.)


Equity weight 49. %
Preferred stock weight _____? %
Debt weight 20. %

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