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FarCry Industries, a maker of telecommunications equipment, has 3 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 1 0
FarCry Industries, a maker of telecommunications equipment, 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 FarCry's WACC?
Note: Round your answer to decimal places.
Weight used
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