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Kim's Bridal Shoppe has 12,100 shares of common stock outstanding at a price of $55 per share. It also has 310 shares of preferred stock
Kim's Bridal Shoppe has 12,100 shares of common stock outstanding at a price of $55 per share. It also has 310 shares of preferred stock outstanding at a price of $91 per share. There are 370 bonds outstanding that have a coupon rate of 7.4 percent paid semiannually. The bonds mature in 36 years, have a face value of $2,000, and sell at 111.5 percent of par. What is the capital structure weight of the common stock?
.4642
.5433
.4939
.4382
.3979
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