Tom and Jerry's has 3.8 million shares of common stock outstanding, 3.8 million shares of preferred stock outstanding, and 28.00 thousand bonds. If the common shares are selling for $14.80 per share, the preferred shares are selling for $11.80 per share, and the bonds are selling for 99.82 percent of par, what would be the weight used for equity in the computation of Tom and Jerry's WACC? î©
answer options:
33.33% î©
43.59% î©
77.26% î©
49.82%
Tom and Jerry's has 3.8 million shares of common stock outstanding, 3.8 million shares of preferred stock outstanding, and 28.00 thousand bonds. If the common shares are selling for $14.80 per share, the preferred shares are selling for $11.80 per share, and the bonds are selling for 99.82 percent of par, what would be the weight used for equity in the computation of Tom and Jerry's WACC? î©
answer options:
33.33% î©
43.59% î©
77.26% î©
49.82%
Related questions
| 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% |
