Question
Suppose that Lil John Industries equity is currently selling for $29 per share and that 1.2 million shares are outstanding. Assume the firm also has
Suppose that Lil John Industries equity is currently selling for $29 per share and that 1.2 million shares are outstanding. Assume the firm also has 22,000 bonds outstanding, and they are selling at 103 percent of par. What are the firms current capital structure weights?
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The Sterling Bonds And Fixed Income Handbook
Authors: Mark Glowrey
1st Edition
0857190423, 978-0857190420
