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5 FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding. 1 million shares of preferred stock o bonds. Suppose

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5 FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding. 1 million shares of preferred stock o bonds. Suppose the common shares are selling for $28 per share, the preferred shares are selling for $15.00 per share, and the bonds are selling for 98 percent of par ing, and 10,000 What would be the weight used for equity in the computation of FarCry's WACC? (Round your answer to 2 decimal places.) eBook KPrev 5 of 14 Mc

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