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Sports Corp has 11.3 million shares of common stock outstanding, 6.3 million shares of preferred stock outstanding, and 2.3 million bonds. If the common shares

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Sports Corp has 11.3 million shares of common stock outstanding, 6.3 million shares of preferred stock outstanding, and 2.3 million bonds. If the common shares are selling for $26.3 per share, the preferred share are selling for $13.8 per share, and the bonds are selling for 96.87 percent of par, what would be the weight used for equity in the computation of Sports?s WACC? 58.78% 11.38% 33.33% 12.84%

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