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Your company's balance sheet shows the following: long-term debt: $2.5 million preferred stock: $1.5 million common equity: $4 million What is the weight of

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Your company's balance sheet shows the following: long-term debt: $2.5 million preferred stock: $1.5 million common equity: $4 million What is the "weight" of preferred stock that would be used in a WACC calculation? about 37.5% about 19.0% about $1.5 million

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