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Solar Shades has 6.2 million shares of common stock outstanding, 5.2 million shares of preferred...

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Finance

Solar Shades has 6.2 million shares of common stock outstanding, 5.2 million shares of preferred stock outstanding, and 22 thousand bonds. If the common shares are selling for $29.30 per share, the preferred shares are selling for $31.20 per share, and the bonds are selling for 104.88 percent of par, what would be the weight used for equity in the computation of Solar Shade's WACC?

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