Question: Can you please answer within 2 hours please? to all of my questions? Thank you! Kim's Bridal Shoppe has 17,000 shares of common stock outstanding
Can you please answer within 2 hours please? to all of my questions? Thank you!
Kim's Bridal Shoppe has 17,000 shares of common stock outstanding at a price of $20 a share. It also has 3,000 shares of preferred stock outstanding at a price of $25 a share. There are 95 bonds outstanding that have a 3 percent semiannual coupon. The bonds mature in 15 years, have a face value of $1,000, and sell at 103 percent of par. What is the capital structure weight of the common stock? Weight of common stock =
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