Betterpie industries has 8 million shares of common stock, Financial Management

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Betterpie industries has 8 million shares of common stock

BetterPie Industries has 8 million shares of common stock outstanding, 6 million shares of preferred stock outstanding, and 25,000 bonds. Assume the common shares are selling for $47 per share, the preferred shares are selling for $24.50 per share, and the bonds are selling for 99 percent of par. What would be the weights used in the calculation of BetterPie’s WACC?

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Financial Management: Betterpie industries has 8 million shares of common stock

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