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BetterPie Industries has 8 million shares of common stock outstanding, 6 million shares of preferred stock outstanding, and 2 5 , 0 0 0 bonds.
BetterPie Industries has million shares of common stock outstanding, million shares of preferred stock outstanding, and bonds. Assume the common shares are selling for $ per share, the preferred shares are selling for $ per share, and the bonds are selling for percent of par.
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What would be the weights used in the calculation of BetterPie's WACC? Do not round intermediate calculations. Round your answers to decimal places.
Answer is complete but not entirely correct.
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