What is ws the weight of equity in kloss

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Kloss Global, Inc. has a $6.9 million bank loan at 5.7%. Kloss also has 10,000 bonds outstanding (each of face value = $1,000) that pay semi-annual coupons at 9%, mature in 12 years, and are currently priced at $928. Kloss also has 500,000 shares outstanding currently priced at $46/share. What is Ws, the weight of equity in Kloss' WACC calculation?

Reference no: EM132953451

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