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Problem 1 1 - 5 Spreadsheet Problem: Weight of Equity ( LG 1 1 - 4 ) FarCry Industries, a maker of telecommunications equipment, has
Problem Spreadsheet Problem: Weight of Equity LG
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 would be the weight used for equity in the computation of FarCry's WACC?
Note: Round your answer to decimal places.
Weight used
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