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Here I Sit Sofos has 6.200 shares of common stock outstanding at a price of $85 per share. There are 790 bonds that mature in
Here I Sit Sofos has 6.200 shares of common stock outstanding at a price of $85 per share. There are 790 bonds that mature in 21 years with a coupon rate of 5.9 percent paid semiannually. The bonds have a par value of $1,000 each and sell at '95 percent of pat. The company also has 5.100 shares of preferred stock outstanding at a price of $38 per share. What is the capital structure weight of the debt? Multiple Choice 6418 .5868 3582 5101 5554
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