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Denver Interiors has 66,000 shares of common stock outstanding at a price per share of $40. The firm also has 23,000 shares of preferred stock

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Denver Interiors has 66,000 shares of common stock outstanding at a price per share of $40. The firm also has 23,000 shares of preferred stock outstanding at a price per share of $49. There are 2,100 outstanding bonds with a face value of $1,300 and a price quote of 100.0. What is the capital structure weight of the preferred stock

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