Question: Further From Center has 1 2 , 2 0 0 shares of common stock outstanding at a price of $ 5 6 per share. It

Further From Center has 12,200 shares of common stock outstanding at a price of $56 per share. It also has 315 shares of preferred stock outstanding at a price of $90 per share. There are 380 bonds outstanding that have a coupon rate of 7.5 percent paid semiannually. The bonds mature in 37 years, have a face value of $2,000, and sell at 112 percent of par. What is the capital structure weight of the preferred stock? Multiple Choice .0948.0634.4372.0181.5447

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