WhackAmOle has 5 million shares of common stock outstanding, 4.0 million shares of preferred stock outstanding, and 100,000 bonds. Assume the common shares are selling for $59 per share, the preferred shares are selling for $48.00 per share, and the bonds are selling for 107 percent of par.
What would be the weights used in the calculation of WhackAmOle’s WACC? (Do not round intermediate calculations and round your answers to 2 decimal places.)
Equity weight %
Preferred stock weight %
Debt weight %