At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 10,000 bonds. Suppose the common shares are selling for $25 per share, the preferred shares are selling for $13.50 per share, and the bonds are selling for 97 percent of par.

What would be the weight used for equity in the computation of FarCry’s WACC?