Business
Business, 27.02.2020 23:23, sitstareplay7073

Kim's Bridal Shoppe has 10,200 shares of common stock outstanding at a price of $36 per share. It also has 215 shares of preferred stock outstanding at a price of $87 per share. There are 520 bonds outstanding that have a coupon rate of 5.5 percent paid semiannually. The bonds mature in 17 years, have a face value of $1,000, and sell at 93 percent of par (price equals to percent times face value). What is the capital structure weight of the common stock?

a.4223
b.3474
c.4053
d.5562
e.5056

answer
Answers: 2

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Kim's Bridal Shoppe has 10,200 shares of common stock outstanding at a price of $36 per share. It al...

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