Question: MH Comed tion Review Problems Save The Dandy Doodle Corp has 8 million shares of common stock outstanding. The current share price is $87, and
MH Comed tion Review Problems Save The Dandy Doodle Corp has 8 million shares of common stock outstanding. The current share price is $87, and the book value por share is $6 In addition, the Dandy Doodle Corp. has two bonds outstanding. The first bond has a face value of $75 million a coupon of 10 percent, and sells for 97 percent of par The second bond has a face value of $50 million, a coupon of 11 percent, and sells for 105 porcent of par. The first bond matures in 25 years, while the second bond matures in 7 years What are the company's capital structure weights on a book value basis? (Enter as a decimal, not a percentage, and round your answers to 4 decimal places, s. 0.1616) Equity/Value Debte
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