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Sayang's Cupcake has 15,000 shares of common stock outstanding at a price of RM11 a share. It also has 2,000 shares of preferred stock outstanding
Sayang's Cupcake has 15,000 shares of common stock outstanding at a price of RM11 a share. It also has 2,000 shares of preferred stock outstanding at a price of RM34 a share. There are 50 bonds outstanding that have a 7.5 % coupon. The bonds mature in six years, have a face value of RM1,000, and sell at 96 % of par. What is the capital structure weight of the common stock?
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