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7 )Kim's Bridal Shoppe has 12,300 shares of common stock outstanding at a price of $57 per share. It also has 320 shares of preferred
7 )Kim's Bridal Shoppe has 12,300 shares of common stock outstanding at a price of $57 per share. It also has 320 shares of preferred stock outstanding at a price of $89 per share. There are 390 bonds outstanding that have a coupon rate of 7.6 percent paid semiannually. The bonds mature in 38 years, have a face value of $2,000, and sell at 112.5 percent of par. What is the capital structure weight of the common stock?
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