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Solar Shades has 6.1 million shares of common stock outstanding, 5.1 million shares of preferred stock outstanding, and 21 thousand bonds. If the common shares are selling for $29.20 per share, the preferred share are selling for $31.10 per share, and the bonds are selling for 104.89 percent of par, what would be the weight used for common stock in the computation of Solar Shade's WACC
Answers: 1
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Solar Shades has 6.1 million shares of common stock outstanding, 5.1 million shares of preferred sto...
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