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Business, 26.12.2019 20:31 lanaiheart7

Solar shades has 6.4 million shares of common stock outstanding, 5.4 million shares of preferred stock outstanding, and 24 thousand bonds. if the common shares are selling for $29.50 per share, the preferred share are selling for $31.40 per share, and the bonds are selling for 104.86 percent of par, what would be the weight used for equity in the computation of solar shade's wacc?

54.13%

33.33%

49.23%

66.67%

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