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AB Inc. has 10,000 shares of common stock outstanding with a price of $30 per share. It also has 400 bonds outstanding with a price

AB Inc. has 10,000 shares of common stock outstanding with a price of $30 per share. It also has 400 bonds outstanding with a price of $1,050 per bond. What is the weight of stock for the WACC calculation?

Group of answer choices

41.67%

96.15%

2.78

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