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AZ Inc. has 1,500 shares of common stock outstanding with a price of $400 per share. It also has 300 bonds outstanding with a price
AZ Inc. has 1,500 shares of common stock outstanding with a price of $400 per share. It also has 300 bonds outstanding with a price of $1,100 per bond. What is the weight of stock for the WACC calculation?
Group of answer choices:
A) 64.52%
B) 83.33%
C) 26.67%
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