Bills boards has 205 million shares of common stock, Financial Management

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Bills boards has 205 million shares of common stock

Bill's Boards has 20.5 million shares of common stock outstanding, 4.5 million shares of preferred stock outstanding, and 25.00 thousand bonds. If the common shares are selling for $30.50 per share, the preferred shares are selling for $17.50 per share, and the bonds are selling for 95.95 percent of par, what would be the weight used for equity in the computation of Bill's WACC?

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Financial Management: Bills boards has 205 million shares of common stock

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