Business, 03.01.2020 04:31, ShugarLove4363

Town crier has 10 million shares of common stock outstanding. 2 million shares of preferred stock outstanding, and 10 thousand bonds. if the common shares are selling for $28 per share the preferred shares are selling for $15.50 per share, and the bonds are selling for 97 percent of par, what would be the weight used for debt in the computation of town crier's wacc? multiple choice o

a. 30 percent
b. 312 percent
c. 3.20 percent
d. 3.33 percent

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Town crier has 10 million shares of common stock outstanding. 2 million shares of preferred stock ou...