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L -22 h POS makub - Google eBook Calculator Problem 13-4 Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/X3:

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L -22 h POS makub - Google eBook Calculator Problem 13-4 Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/X3: Long-term dett $75000000 Preferred stock 10000000 Common stock 40000000 Paid in excess 10000000 Retained earnings 37500000 Company's long-term debt is comprised of 20-year $1000 face value bonds issued 7 years ago at an 8% coupon rate. The bonds are now seling to yield 6%. Willerton's preferred is from a single issue of $100 par value, 9% preferred stock that is now selling to yield 8%. Willerton has 4 million shares of common stock outstanding at a current market price of $31. Calculate Willerton's market value based capital structure. Assume that the coupon payments are semi-annual. Round the market values to the nearest dollar and the weights to two decimal places of percentage. Do not round your intermediate calculations. Market Value Weight Debt Preferred stock Equity Previous Next > Check My Work

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