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Further From Center has 10,900 shares of common stock outstanding at o price of $43 per share. It also has 250 shares of preferred stock
Further From Center has 10,900 shares of common stock outstanding at o price of $43 per share. It also has 250 shares of preferred stock outstanding at a price of $94 per share. There are 590 bonds outstanding that have a coupon rate of 6.2 percent paid semiannually. The bonds mature in 24 years, have a face value of $1000, and sell at 105.5 percent of par. What is the capital structure weight of the preferted stock? Muliple choice 0978 .0211 .4205 0664 5584
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