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MC algo 1 4 - 1 1 Capital Structure Weight Kim's Bridal Shoppe has 1 0 , 9 0 0 shares of common stock outstanding

MC algo 14-11 Capital Structure Weight
Kim's Bridal Shoppe has 10,900 shares of common stock outstanding at a price of $43 per share. It also has 250 shares of preferred stock outstanding at a price of
$94 per share. There are 590 bonds outstanding that have a coupon rate of 6.2 percent paid semiannually. The bonds mature in 24 years, have a face value of
$1,000, and sell at 105.5 percent of par. What is the capital structure weight of the common stock?
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