question archive Bill's Boards (BB) has 20 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 20 thousand bonds
Subject:FinancePrice:2.86 Bought4
Bill's Boards (BB) has 20 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 20 thousand bonds. If the common shares are selling for $30 per share the preferred shares are selling for $17 per share, and the bonds are selling for 99% of par (par value is $ 1,000), what would be the weight used for debt in the computation of BB's WACC? 0.83% 2.88% 3.33% 2.79%
Purchased 4 times