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FarCry Industries, a maker of telecommunications equipment, has 5 million shares of common stock outstanding, 2 million shares of preferred stock outstanding, and 2 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 sell for $ per share, the preferred shares sell for $ per share, and the bonds sell for percent of par.
What weight should you use for preferred stock in the computation of FarCrys WACC?
Round your answer to decimal places
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