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Annabeth's Fashion Emporium has 12,800 shares of common stock outstanding at a price of $50 a share. It also has 9,800 shares of preferred stock
Annabeth's Fashion Emporium has 12,800 shares of common stock outstanding at a price of $50 a share. It also has 9,800 shares of preferred stock outstanding at a price of $11 a share. There are 245 bonds outstanding that have a 3 percent semiannual coupon. The bonds mature in 13 years, have a face value of $1,000, and sell at 89 percent of par. What are the capital structure weights?
Weight of common stock = %
Weight of preferred stock = %
Weight of debt = %
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