What is the weight of the preferred stock as it relates to


AisleRiot Group has 1,048 bonds outstanding that are selling for $1,054 each. The company also has 7,967 shares of preferred stock at a market price of $65 each. The common stock is priced at $41 a share and there are 32,936 shares outstanding. What is the weight of the preferred stock as it relates to the firm's weighted average cost of capital? Enter weight in percents, accurate to two decimal places.

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Financial Management: What is the weight of the preferred stock as it relates to
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