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Business, 24.10.2019 03:00 snikergrace

Jackits has 5 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 20 thousand bonds. if the common shares are selling for $28 per share, the preferred shares are selling for $13.50 per share, and the bonds are selling for 98 percent of par, what would be the weight used for equity in the computation of jackits' wacc?

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Jackits has 5 million shares of common stock outstanding, 1 million shares of preferred stock outsta...
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