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Rowdy Corporation has a debt with a market value of $82 million, preferred stock with a market value of $30 million. The market price of

Rowdy Corporation has a debt with a market value of $82 million, preferred stock with a market value of $30 million. The market price of its common $20.5 per share, and the firm has 16 million common shares outstanding. What is the weight of debt that Rowdy Corporation should use for its WACO calculation? a. 41.53% O b. 23.67% c. 38.17% d. 18.64%
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Rowdy Corporation has a debt with a market value of $82 million, preferred stock with a market value of $30 miltion. The market price of its common $20.5 per share, and the firm has 16 million common shares outstanding. What is the weight of debt that Rowdy Corporation should use for its WAC calculation? 3.41,53% b. 23.67% c. 38.17% d. 18.64%

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