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Town Crier has 10.3 million shares of common stock outstanding, 2.3 million shares of preferred...

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Finance

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Town Crier has 10.3 million shares of common stock outstanding, 2.3 million shares of preferred stock outstanding, and 13.00 thousand bonds. If the common shares are selling for $28.30 per share, the preferred shares are selting for $15.80 per share. and the bonds are selling for 96 97 percent of par, what would be the weight used for equity in the computation of Town Crier's WACC? ? 33.33% 856296 66 67% ? 81.66%

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