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Rings N Things Industries has 40 million shares of common stock outstanding, 20 million shares of preferred stock outsta

Posted: Thu May 19, 2022 6:37 am
by answerhappygod
Rings N Things Industries has 40 million shares of common stock
outstanding, 20 million shares of preferred stock outstanding, and
50 thousand bonds. If the common shares are selling for $25 per
share, the preferred shares are selling for $15 per share, and the
bonds are selling for 100 percent of par ($1,000), what would be
the weights used in the calculation of Rings' WACC for common
stock, preferred stock, and bonds, respectively?