Business, 30.07.2021 21:50, rafoxy35

Tom and Jerry's has 2.4 million shares of common stock outstanding, 2.4 million shares of preferred stock outstanding, and 14.00 thousand bonds. If the common shares are selling for $13.40 per share, the preferred share are selling for $10.40 per share, and the bonds are selling for 99.96 percent of par, what would be the weight used for common stock in the computation of Tom and Jerry's WACC

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Tom and Jerry's has 2.4 million shares of common stock outstanding, 2.4 million shares of preferred...