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MC algo 12-12 Capital Structure Weight Further From Center has 10,400 shares of common stock outstanding at a price of $38 per share. It also
MC algo 12-12 Capital Structure Weight Further From Center has 10,400 shares of common stock outstanding at a price of $38 per share. It also has 225 shares of preferred stock outstanding at a price of $89 per share. There are 540 bonds outstanding that have a coupon rate of 5.7 percent paid semiannually. The bonds mature in 19 years, have a face value of $1,000, and sell at 94 percent of par. What is the capital structure weight of the preferred stock? Multiple Choice 5501 4283 .0670 .0217 .0984
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