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Question 16 The FIN340 Company has the following capital structure: 109,950,000 shares of common stock outstanding which currently trade for $44.65 per share; 4,850,000 shares
Question 16
"The FIN340 Company has the following capital structure: 109,950,000 shares of common stock outstanding which currently trade for $44.65 per share; 4,850,000 shares of preferred stock outstanding which currently trade for $36.90 per share; and 1,284,000 bonds outstanding which currently trade for 107% of par value (note: Par Value for each bond = $1,000) - what is the Common Stock Weighting within the company's total capital structure?"
78.13% | ||
83.60% | ||
75.97% | ||
24.03% | ||
21.26% | ||
78.74% | ||
77.04% |
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