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Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has 2.000 shares of preferred stock
Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has 2.000 shares of preferred stock outstanding at a price of $34 a share. There are 50 bonds outstanding that have a 7.5 percent semiannual coupon. The bonds mature in six years, have a face value of $1,000, and sell at 96 percent of par. What is the capital structure weight of the common stock? O 24.20 percent O 31.68 percent O 53.15 percent O 58.72 percent
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