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Based on the following information, what is the market weight of common stock/market weight of preferred stock/market weight of bonds (long-term debt) Source of capital
Based on the following information, what is the market weight of common stock/market weight of preferred stock/market weight of bonds (long-term debt)
Source of capital | # shares or bonds outstanding | Mkt Price |
---|---|---|
Common Stock | 2.2 million shares | $43.00/share |
Preferred stock | 280,000 shares | $98/share |
Bonds ($1000 par value) | 225,000 bonds | $1020 per bond |
Question 4Select one:
27%/8%/65%
44%/12%/44%
35%/12%/53%
58%/11%/31%
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