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Team Sports has 10 million shares of common stock outstanding, 5 million shares of preferred stock outstanding, and 200 thousand bonds ($1,000 par). If the
Team Sports has 10 million shares of common stock outstanding, 5 million shares of preferred stock outstanding, and 200 thousand bonds ($1,000 par). If the common shares are selling for $50.00 per share, the preferred share are selling for $20 per share, and the bonds are selling at par, what would be the weight used for common stock in the computation of Team's WACC?
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