Shares of common stock outstanding at a price per share

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Reference no: EM13953619

Western United has 154,000 shares of common stock outstanding at a price per share of 38.50. There are 15,000 shares of preferred stock outstanding at a price of 69/share. The firm also holds 3600 bonds outstanding that are currently selling at par. Each bond has a 1000 face value. What weight should be assigned to the common stock when computing this firm's WACC?

A) .5612 B) .5678 C) .5721 D) .5738

Reference no: EM13953619

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