Question 7 1 pts

ABC, Inc., has 817 shares of common stock outstanding at a price of $50 a share. They also have 211 shares of preferred stock outstanding at a price of $80 a share. There are 690, 8 percent bonds outstanding that are priced at $40. The bonds mature in 16 years and pay interest semiannually. What is the capital structure weight of the preferred stock?

Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.

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Question 8 1 pts

Several years ago, the ABC Company sold a $1,000 par value bond that now has 15 years to maturity and a 6.50% annual coupon that is paid semiannually. The bond currently sells for $980 and the companys tax rate is 35%. What is the after-tax cost of debt?

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Question 9 1 pts

If the market value of debt is $107763, market value of preferred stock is $90535, and market value of common equity is 292235, what is the weight of preferred stock?

Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.