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what would be the weight used for equity in the computation of Team’s WACC?

01 / 10 / 2021 Assignment

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 Team Sports has 6 million shares of
common stock outstanding, 1 million shares of preferred stock outstanding, and
200 thousand bonds ($1,000 par). If the common shares are selling for $24.50
per share, the preferred share are selling for $20 per share, and the bonds are
selling for 65 percent of par, what would be the weight used for equity in the
computation of Team’s WACC?



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