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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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