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Need help with the Preferred Stock Weight % The other 2 are ok. Thanks! WhackAmOle has 2 million shares of common stock outstanding, 1.5 million
Need help with the Preferred Stock Weight %
The other 2 are ok. Thanks!
WhackAmOle has 2 million shares of common stock outstanding, 1.5 million shares of preferred stock outstanding, and 50,000 bonds. Assume the common shares are selling for $64 per share, the preferred shares are selling for $53.00 per share, and the bonds are selling for 104 percent of par.
What would be the weights used in the calculation of WhackAmOles WACC? (Do not round intermediate calculations and round your answers to 2 decimal places.) |
Equity weight 49. % | |
Preferred stock weight ? % | |
Debt weight 20. % |
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