Question
Use the following information for TGC Inc. to determine, Ws, the weight of common stock in the firm's WACC: Number outstanding # 525,000 3.2
Use the following information for TGC Inc. to determine, Ws, the weight of common stock in the firm's WACC: Number outstanding # 525,000 3.2 million Price per bond/share $ 1,075 31.25 5.66% O 55.67% O 87,97% Bonds Preferred Shares Common Shares 61.73% 3.43% 27.25 million 39.33
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
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