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Here I Sit Sofas has 7,300 shares of common stock outstanding at a price of $96 per share. There are 680 bonds that mature in
Here I Sit Sofas has 7,300 shares of common stock outstanding at a price of $96 per share. There are 680 bonds that mature in 32 years with a coupon rate of 7 percent paid semiannually. The bonds have a par value of $2.000 each and sell at 109.5 percent of pat. The company also has 6.200 shares of preferred stock outstanding at a price of $49 per share. What is the capital structure weight of the debt? Multiple Choice o o 2810 o 190 o 6425 o 5972
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