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Equity in the computation of town crier wacc

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Town Crier has 10.7 million shares of common stock outstanding, 2.7 million shares of preferred stock outstanding, and 17.00 thousand bonds. If the common shares are selling for $28.70 per share, the preferred shares are selling for $16.20 per share, and the bonds are selling for 96.93 percent of par, what would be the weight used for equity in the computation of Town Crier's WACC?

Reference no: EM131873911

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