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ABC, Inc., has 1,952 shares of common stock outstanding at a price of $310 a share. They also have 1,381 shares of preferred stock outstanding
ABC, Inc., has 1,952 shares of common stock outstanding at a price of $310 a share. They also have 1,381 shares of preferred stock outstanding at a price of $61 a share. There are 174 bonds outstanding that are priced at $1,242. 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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