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How do I answer this question? Adidas has 6,000 outstanding shares of stock that currently sell at $162 per share. It also has $500,000 of
How do I answer this question?
Adidas has 6,000 outstanding shares of stock that currently sell at $162 per share. It also has $500,000 of face value in bonds outstanding that currently sell at 106 percent of par. What percent of Adidas is financed by equity?
I was wondering since the percent of par does not match the face value
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