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Annabeth's Fashion Emporium has 12,000 shares of common stock outstanding at a price of $21 a share. It also has 4,000 shares of preferred stock
Annabeth's Fashion Emporium has 12,000 shares of common stock outstanding at a price of $21 a share. It also has 4,000 shares of preferred stock outstanding at a price of $24 a share. There are 100 bonds outstanding that have a 10 percent semiannual coupon. The bonds mature in 16 years, have a face value of $1,000, and sell at 106 percent of par. What are the capital structure weights?
Weight of common stock =
Weight of preferred stock =
Weight of debt =
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