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Tom and Jerry's has 2.2 million shares of common stock outstanding, 2.2 million shares of preferred stock outstanding, and 12.00 thousand bonds. If the common

Tom and Jerry's has 2.2 million shares of common stock outstanding, 2.2 million shares of preferred stock outstanding, and 12.00 thousand bonds. If the common shares are selling for $13.20 per share, the preferred share are selling for $10.20 per share, and the bonds are selling for 99.98 percent of par, what would be the weight used for common stock in the computation of Tom and Jerry's WACC? Multiple Choice 84.33% 45.75% 33.33% 49.86%

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