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ABC, Inc., has 1,714 shares of common stock outstanding at a price of $315 a share. They also have 1,216 shares of preferred stock outstanding
ABC, Inc., has 1,714 shares of common stock outstanding at a price of $315 a share. They also have 1,216 shares of preferred stock outstanding at a price of $32 a share. There are 104 bonds outstanding that are priced at $1,143. What is the weight of the common stock in the capital structure? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box
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