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FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding. 1 million shares of preferred stock outstanding, and 10,000 bonds.

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FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding. 1 million shares of preferred stock outstanding, and 10,000 bonds. Suppose the common shares sell for $26 per share, the preferred shares sell for $14.00 per share, and the bonds sell for 97 percent of par. What weight should you use for preferred stock in the computation of FarCry's WACC? (Round your answer to 2 decimal places) Suppose that TapDance, Inc's capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 10 percent, while its cost of equity is 15 percent. The appropriate weighted average tax rate is 21 percent. What will be TapDance's WACC? (Round your answer to 2 decimal places.) Suppose that B2B, Inc. has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 13.5 percent, 9.0 percent, and 8.5 percent, respectively. What is B2B's WACC if the firm faces an average tax rate of 21 percent and can make full use of the interest tax shield? (Round your answer to 2, decimal places.)

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