Mega Stores has 600,000 common shares outstanding which are selling for a price of $43 per share.
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Question:
Mega Stores has 600,000 common shares outstanding which are selling for a price of $43 per share. The firm has 35,000 preferred shares selling for $105 per share and 25,000 outstanding $1000 par value bonds which are selling for 95 percent of par. What are the weights to use for the firm's WACC?
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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