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BetterPie Industries has 7 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 20,000 bonds. Assume the common shares are
BetterPie Industries has 7 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 20,000 bonds. Assume the common shares are selling for $48 per share, the preferred shares are selling for $25.50 per share, and the bonds are selling for 99 percent of par.
What would be the weights used in the calculation of BetterPie |
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