Team Sports has 5.9 million shares of common stock outstanding, 3.9 million shar

Team Sports has 5.9 million shares of common stock outstanding, 3.9 million shares of preferred stock outstanding, and 39 thousand bonds. If the common shares are selling for $4.90 per share, the preferred shares are selling for $16.9 per share, and the bonds are selling for 98.81 percent of par, what would be the weight used for equity in the computation of Team’s WACC?Team Sports has 5.9 million shares of common stock outstanding, 3.9 million shares of preferred stock outstanding, and 39 thousand bonds. If the common shares are selling for $4.90 per share, the preferred shares are selling for $16.9 per share, and the bonds are selling for 98.81 percent of par, what would be the weight used for equity in the computation of Team’s WACC?

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