Question: saint nick enterprises has 1 5 , 7 0 0 shares of common stock outstanding at a price of $ 6 0 per share. the

saint nick enterprises has 15,700 shares of common stock outstanding at a price of $60 per share. the company has two bond issues outstanding. the first issue has 8 years to maturity, a par value of $1000 per bond, and sells for 94.5 percent of par. the second issue matures in 22 years, has a par value if $2,009 per bond and sells for 102 percent of par. the total face value if the first issue is $160,000 while the total face value if the second issue is $260,000. what is the capital structure weight of debt?

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