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Dairy Farms of America has 5 million shares of common stock outstanding, 4.0 million shares of preferred stock outstanding, and 100,000 bonds. Assume the common
Dairy Farms of America has 5 million shares of common stock outstanding, 4.0 million shares of preferred stock outstanding, and 100,000 bonds. Assume the common shares are selling for $60 per share, the preferred shares are selling for $49.00 per share, and the bonds are selling for 106 percent of par.
What are the weights used?
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