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Nelson's Landscaping has 1,300 bonds.11 outstanding that are selling for $990 each. The company also has 2,700 shares of preferred stocks at a market price
Nelson's Landscaping has 1,300 bonds.11 outstanding that are selling for $990 each. The company also has 2,700 shares of preferred stocks at a market price of $28 a share. The common stocks is priced $32 a share and there are 38,000 shares outstanding. What is the weight if the common stocks as it relates to the * ?firm's weighted average cost of capital (1) 1 ) percent 34.45 O percent 33.18 O None of the above O percent 65.16 0 percent 47.11 0
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