1) BetterPie Industries has 7 million shares of common stock...
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Accounting
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| BetterPie Industries has 7 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 20,000 bonds. Assume the common shares are selling for $44 per share, the preferred shares are selling for $21.50 per share, and the bonds are selling for 98 percent of par. |
| What would be the weights used in the calculation of BetterPies WACC? (Do not round intermediate calculations and round your answers to 2 decimal places.) |
| Equity weight | % |
| Preferred stock weight | % |
| Debt weight | % |
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| |
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