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Santa Cisus Enterpnses has 87,000 shares of common stock outstanding ot a current price of $39 a share. The firm also has two bond bsses
Santa Cisus Enterpnses has 87,000 shares of common stock outstanding ot a current price of $39 a share. The firm also has two bond bsses ockstanding. The finst bond issue has a totai face value of \$230.000, poys 71 perceet imerest achualy, and currently sels for 1031 percent of face value. The second bond istue conshts of 5000 bonds that are selling for 5897 each. These bonds p 5%65 percent interest ansualy and mature in elaht years. The tax rate is 21 percent. What is the capital abucture weight of the firers debt? cos53 6) st19\% Sbson nocs
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