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A.12.49% B.9% C.8.24% D.11.84% E.13.63% These are the possible answers to the following question 28. S&w has 21,000 shares common stock outstanding at a price

A.12.49%
B.9%
C.8.24%
D.11.84%
E.13.63%
These are the possible answers to the following question
image text in transcribed
28. S&w has 21,000 shares common stock outstanding at a price of a share. It also has 2,000 shares of d stock outstanding at a price of $71 a share. The firm has 7 percent, 12-year bonds outstanding with a total of 0. The bonds are currently quoted at 100.6 percent of pay interest semiannually. What is the capital structure weight of the firm's preferred stock if the tax rate is 34 percent? Page 8 of 9

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