OMG Incorporated has 4 million shares of common stock outstanding, 3 million shares of preferred stock outstanding,
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Question:
OMG Incorporated has million shares of common stock outstanding, million shares of preferred stock outstanding, and bonds. Suppose the common shares are selling for $ per share, the preferred shares are selling for $ per share, and the bonds are selling for percent of par.
What would be the weight used for equity in the computation of OMGs WACC?
Note: Round your answer to decimal places.
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