Capital Structure Weights Suppose that Lil John Industries' equity is currently selling for $37 per share and

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Capital Structure Weights Suppose that Lil John Industries' equity is currently selling for $37 per share and that 2 million shares are outstand- ing. If the firm also has 30,000 bonds outstanding, and they are selling at 103 percent of par, what are the firm's current capital structure weights? (LG3)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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