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Lore's Holding has 1,200 bonds issued that are selling for $ 990 each. The company...

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Finance

Lore's Holding has 1,200 bonds issued that are selling for $ 990 each. The company also has 2,500 preferred shares at a market price of $ 28 per share. Common stock is priced at $ 37 per share, and there are 28,000 shares outstanding. What is the weight of common shares? What is the weight that would be applied to the WACC?

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