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Stryder Ltd has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per share.

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Stryder Ltd has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per share. The company also has $30 million in par value of bonds outstanding (par value $1000). The bonds are selling at a price $1010. What capital structure weights should the company use in the cost of capital calculations? (rounded to the nearest percent) O Without a tax rate we cannot calculate the weights of the cost of capital O 50% debt and 50% equity O 60% debt and 40% equity 99% debt and 1% equity

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