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Connect Only Problem 1 1 - 6 Weight of Debt ( LG 1 1 - 4 ) OMG Incorporated has 7 million shares of common
Connect Only Problem Weight of Debt LG OMG Incorporated has million shares of common stock outstanding, million shares of preferred stock outstanding, and bonds. Suppose 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. What weight should you use for debt in the computation of OMGs WACC? Note: Round your answer to decimal places
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