3 PART QUESTION.

THE PREFERRED STOCK WEIGHT FOR THE WACC CALCULATION IS _____ % (ROUND 2 DECIMAL PLACES)

THE COMMON EQUITY WEIGHT FOR THE WACC CALCULATION IS _____ % (ROUND 2 DECIMAL PLACES

ANSWER ALL 3 PLEASE

MV Corporation has debt with market value of $96 million, common equity with a book value of $99 million, and preferred stock worth $18 million outstanding. Its common equity trades at S51 per share, and the firm has 6.5 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is %. (Round to two decimal places.)