Question: MC algo 13-13 Capital Structure Weight Here I Sit Sofas has 5,800 shares of common stock outstanding at a price of $81 per share. There
MC algo 13-13 Capital Structure Weight Here I Sit Sofas has 5,800 shares of common stock outstanding at a price of $81 per share. There are 630 bonds that mature in 17 years with a coupon rate of 5.5 percent paid semiannually. The bonds have a par value of $1,000 each and sell at 93 percent of par. The company also has 4700 shares of preferred stock outstanding at a price of $34 per share. What is the capital structure weight of the debt? Multiple Choice 5273 0 4820 6135 O 5587 O 3865
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