Business, 04.08.2021 04:50, noathequeen

Bill's Boards has 20.5 million shares of common stock outstanding, 4.5 million shares of preferred stock outstanding, and 25.00 thousand bonds. If the common shares are selling for $30.50 per share, the preferred share are selling for $17.50 per share, and the bonds are selling for 95.95 percent of par, what would be the weight used for common stock in the computation of Bill's WACC?

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Bill's Boards has 20.5 million shares of common stock outstanding, 4.5 million shares of preferred s...