Equity in the computation of team wacc

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Team Sports has 5.9 million shares of common stock outstanding, 3.9 million shares of preferred stock outstanding, and 39 thousand bonds. If the common shares are selling for $4.90 per share, the preferred shares are selling for $16.9 per share, and the bonds are selling for 98.81 percent of par, what would be the weight used for equity in the computation of Team's WACC?

Reference no: EM131166202

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