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Here I Sit Sofas has 6 , 8 0 0 shares of common stock outstanding at a price of $ 9 1 per share. There

Here I Sit Sofas has 6,800 shares of common stock outstanding at a price of $91 per share. There are 1,030 bonds that mature in 27 years with a coupon rate of 6.5 percent paid semiannually. The bonds have a parvalue of $1,000 each and sell at 107 percent of par. The company also has 5,700 shares of preferred stock outstanding at a price of $44 per share. What is the capital structure weight of the debt?
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