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ABC Company has 5,000 bonds outstanding with a $1,000 par value per bond selling for $990 each, 100,000 shares of common stock, par value is

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ABC Company has 5,000 bonds outstanding with a $1,000 par value per bond selling for $990 each, 100,000 shares of common stock, par value is $5 per share with a market price of $42 and 1,000 shares of $100 par value preferred stock selling at par. What is the weight attached to debt? 45.41% 50.00% 53.76 O 53.51% Cannot be determined without the tax rate

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