Team Sports has 4.3 million shares of common stock outstanding, 2.3 million shares of preferred stock outstanding, and 23 thousand bonds. If the common shares are selling for $3.30 per share, the preferred share are selling for $15.3 per share, and the bonds are selling for 98.97 percent of par, what would be the weight used for equity in the computation of Team's WACC?

33.33%

64.93%

19.67%

24.49%

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Sixta KovacekLv2

28 Sep 2019

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