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Saint Nick Enterprises has 1 9 , 9 0 0 shares of common stock outstanding at a price of $ 8 1 per share. The
Saint Nick Enterprises has shares of common stock outstanding at a price of $ per share. The company has two bond issues outstanding. The first issue has years to maturity, a par value of $ per bond, and sells for percent of par. The second issue matures in years, has a par value of $ per bond, and sells for percent of par. The total face value of the first issue is $ while the total face value of the second issue is $ What is the capital structure weight of debt?
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