Bills boards has 208 million shares of common stock, Finance Basics

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Bills boards has 208 million shares of common stock

Question: Bill's Boards has 20.8 million shares of common stock outstanding, 4.8 million shares of preferred stock outstanding, and 28.00 thousand bonds. If the common shares are selling for $30.80 per share, the preferred share are selling for $17.80 per share, and the bonds are selling for 95.92 percent of par, what would be the weight used for equity in the computation of Bill's WACC?

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