Question
A firm has 300 shares of common stock outstanding at a price of $18.5 a share. There are 50 bonds that sell at $107 each.
A firm has 300 shares of common stock outstanding at a price of $18.5 a share. There are 50 bonds that sell at $107 each. The capital structure weight of the debt is ___________.
A.2.71%
B.49.08%
C.63.5%
D.36.5%
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
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