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A CFO is trying to determine her firm's capital structure. The firm has the following simplified balance sheet: Balance Sheet: Long-term debt: $5,830,684.00 Shareholder Equity:

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A CFO is trying to determine her firm's capital structure. The firm has the following simplified balance sheet: Balance Sheet: Long-term debt: $5,830,684.00 Shareholder Equity: $5,981,788.00 An analyst has estimated that the debt trades at 91.00% of book value, while the market to book ratio for the common stock is 1.10. What is the weight in debt for the firm? Submit

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